25, ELMS CLOSE, HORNCHURCH, RM11 1GN - £525,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

25 ELMS CLOSE is a small detached house of 108m², which could now be worth an estimated £596,128. It was last sold for £525,000 in August 2018, which was around 25% below the average August 2018 detached price in the Havering local authority area. The most recent EPC inspection was June 2010, where the current energy rating was B, and the potential energy rating was B.

25 ELMS CLOSE Sold Prices

Land registry data shows three sales for 25 ELMS CLOSE 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 25 ELMS CLOSE sales were for below 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 8 AUG	£525,000	£700,313	25% below HPI
2015 16 JUL	£400,000	£543,325	26% below HPI
2010 30 JUL	£375,000	£412,698	9% below HPI

25 ELMS CLOSE 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 25 ELMS CLOSE sales between July 2010 and August 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 2015 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2018 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 25 ELMS CLOSE be worth now?

25 ELMS CLOSE might now be worth an estimated £596,128.

This is based on house price inflation of 13.5%, between August 2018 and December 2024, 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 13.5% inflationary increase is applied to the most recent sale price for 25 ELMS CLOSE of £525,000 on 8th August 2018. For the value to have increased from £525,000 to £596,128 over the five years and eight months to December 2024, the following assumptions must hold true:

• The value of 25 ELMS CLOSE has moved in line with the HPI for detached houses in the Havering local authority area.
• The August 2018 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 25 ELMS CLOSE has not materially changed since August 2018.

How Large is 25 ELMS CLOSE?

25 ELMS CLOSE is 108m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 40% of detached houses houses in Romford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Romford, and where 25 ELMS CLOSE lies on this distribution: 37% of detached houses houses are smaller than 25 ELMS CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Romford.

25 ELMS CLOSE: Plot and Title Map

25 ELMS CLOSE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 25 ELMS CLOSE, 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 25 ELMS CLOSE). 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 25 ELMS CLOSE?

25 ELMS CLOSE is located in HORNCHURCH, in the RM11 postcode district. The below map shows the position of No. 25 on ELMS CLOSE.