2, COTTAGE MEWS, HORNCHURCH, RM11 2TT - £685,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 COTTAGE MEWS is a midsized extended detached house of 139m², built sometime between 1996 and 2002, which could now be worth an estimated £812,140. It was last sold for £685,000 in May 2018, which was around 1% below the average May 2018 detached price in the Havering local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

2 COTTAGE MEWS Sold Prices

Land registry data shows three sales for 2 COTTAGE MEWS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Havering local authority area for the corresponding sale date. One of the three 2 COTTAGE MEWS sales was for below the average price, whilst two were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 11 MAY	£685,000	£691,554	1% below HPI
2010 21 JUL	£420,000	£412,698	2% above HPI
1995 31 MAR	£165,000	£132,162	25% above HPI

2 COTTAGE MEWS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Havering local authority area over time, sourced from the HPI. The three 2 COTTAGE MEWS sales between March 1995 and May 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2010 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 2018 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 2 COTTAGE MEWS be worth now?

2 COTTAGE MEWS might now be worth an estimated £812,140.

This is based on house price inflation of 18.6%, between May 2018 and February 2025, for detached houses, in the Havering local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.6% inflationary increase is applied to the most recent sale price for 2 COTTAGE MEWS of £685,000 on 11th May 2018. For the value to have increased from £685,000 to £812,140 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 2 COTTAGE MEWS has moved in line with the HPI for detached houses in the Havering local authority area.
• The May 2018 sale price of £685,000 represented a fair market value for the property.
• The size, condition, and specification of 2 COTTAGE MEWS has not materially changed since May 2018.

How Large is 2 COTTAGE MEWS?

2 COTTAGE MEWS is 139m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 50% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 2 COTTAGE MEWS lies on this distribution: 47% of detached houses houses are smaller than 2 COTTAGE MEWS, and 53% of houses are larger. Note that EPC data is not available for all properties in London.

2 COTTAGE MEWS: Plot and Title Map

2 COTTAGE MEWS sits on a plot of roughly 0.168 of an acre, or 678m². The below map shows the location of 2 COTTAGE MEWS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 COTTAGE MEWS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 COTTAGE MEWS?

2 COTTAGE MEWS is located in HORNCHURCH, in the RM11 postcode district. The below map shows the position of No. 2 on COTTAGE MEWS.