Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
2 RAYBURN ROAD is a large detached house of 179m², built sometime between 2003 and 2006. It was last sold for £892,500 in September 2022, which was around 10% above the average September 2022 detached price in the Havering local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 2 RAYBURN ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Havering local authority area for the corresponding sale date. All of the five 2 RAYBURN 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 28 SEP | £892,500 | £810,448 | 10% above HPI |
2015 17 AUG | £605,000 | £555,719 | 9% above HPI |
2013 8 APR | £530,000 | £423,787 | 25% above HPI |
2003 9 OCT | £435,000 | £348,331 | 25% above HPI |
1999 30 JUL | £249,950 | £183,490 | 36% above HPI |
The below graph shows the average detached house price in the Havering local authority area over time, sourced from the HPI. The five 2 RAYBURN ROAD sales between July 1999 and September 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 August 2015 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the September 2022 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.
2 RAYBURN ROAD is 179m² according to the EPC inspection conducted in January 2022. This puts it in the largest 40% 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 RAYBURN ROAD lies on this distribution: 67% of detached houses are smaller than 2 RAYBURN ROAD, and 32% of houses are larger. Note that EPC data is not available for all properties in London.
2 RAYBURN ROAD sits on a plot of roughly 0.089 of an acre, or 358m². The below map shows the location of 2 RAYBURN 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 RAYBURN 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.
2 RAYBURN ROAD is located in HORNCHURCH, in the RM11 postcode district. The below map shows the position of No. 2 on RAYBURN ROAD.