2, ERNEST ROAD, HORNCHURCH, RM11 3JF - £1,425,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 ERNEST ROAD is a very large extended detached house of 240m², built sometime between 1900 and 1929. It was last sold for £1,425,000 in November 2022, which was around 72% above the average November 2022 detached price in the Havering local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

2 ERNEST ROAD Sold Prices

Land registry data shows three sales for 2 ERNEST ROAD 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. All of the three 2 ERNEST ROAD sales 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
2022 10 NOV	£1,425,000	£830,041	72% above HPI
2011 7 NOV	£803,500	£425,035	89% above HPI
1997 13 AUG	£330,000	£151,212	118% above HPI

2 ERNEST ROAD 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 ERNEST ROAD sales between August 1997 and November 2022 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 November 2011 sale was for 89% above the HPI. So the extrapolation line tracks at 89% above the HPI over time, until the November 2022 sale, where it falls to 72% above the HPI. The line then continues to track at 72% above the HPI.

How Large is 2 ERNEST ROAD?

2 ERNEST ROAD is 240m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 2 ERNEST ROAD lies on this distribution: 84% of detached houses are smaller than 2 ERNEST ROAD, and 16% of houses are larger. Note that EPC data is not available for all properties in London.

2 ERNEST ROAD: Plot and Title Map

2 ERNEST ROAD sits on a plot of roughly 0.232 of an acre, or 940m². The below map shows the location of 2 ERNEST ROAD, 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 ERNEST ROAD). 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 ERNEST ROAD?

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