27, NELMES WAY, HORNCHURCH, RM11 2QY - £2,200,000

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

27 NELMES WAY is a very large extended detached house of 495m², built sometime from 2012 onwards. It was last sold for £2,200,000 in May 2021, which was around 207% above the average May 2021 detached price in the Havering local authority area. The most recent EPC inspection was November 2020, where the current energy rating was B, and the potential energy rating was B.

27 NELMES WAY Sold Prices

Land registry data shows five sales for 27 NELMES WAY since 1^st 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 27 NELMES WAY 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
2021 28 MAY	£2,200,000	£716,373	207% above HPI
2018 30 NOV	£1,450,000	£710,676	104% above HPI
2016 11 NOV	£1,172,000	£676,279	73% above HPI
2014 14 MAR	£1,000,000	£463,948	116% above HPI
2001 25 MAY	£600,000	£237,993	152% above HPI

27 NELMES WAY 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 five 27 NELMES WAY sales between May 2001 and May 2021 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 2018 sale was for 104% above the HPI. So the extrapolation line tracks at 104% above the HPI over time, until the May 2021 sale, where it rises to 207% above the HPI. The line then continues to track at 207% above the HPI.

How Large is 27 NELMES WAY?

27 NELMES WAY is 495m², which includes two extensions, according to the EPC inspection conducted in November 2020. This puts it in the largest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 27 NELMES WAY lies on this distribution: 98% of detached houses are smaller than 27 NELMES WAY, and 2% of houses are larger. Note that EPC data is not available for all properties in London.

27 NELMES WAY: Plot and Title Map

27 NELMES WAY sits on a plot of roughly 0.295 of an acre, or 1,196m². The below map shows the location of 27 NELMES WAY, 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 27 NELMES WAY). 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 27 NELMES WAY?

27 NELMES WAY is located in HORNCHURCH, in the RM11 postcode district. The below map shows the position of No. 27 on NELMES WAY.