2B, OAKWOOD CHASE, HORNCHURCH, RM11 3JT - £1,000,000

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

2B OAKWOOD CHASE is a very large detached house of 315m², built sometime from 2007 onwards, which could now be worth an estimated £1,512,055. It was last sold for £1,000,000 in March 2015, which was around 90% above the average March 2015 detached price in the Havering local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

2B OAKWOOD CHASE Sold Prices

Land registry data shows two sales for 2B OAKWOOD CHASE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Havering local authority area for the corresponding sale date. Both of the two 2B OAKWOOD CHASE 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
2015 27 MAR	£1,000,000	£525,902	90% above HPI
2007 12 MAR	£960,000	£399,543	140% above HPI

2B OAKWOOD CHASE 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 two 2B OAKWOOD CHASE sales from March 2007 and March 2015 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 March 2007 sale was for 140% above the HPI. So the extrapolation line tracks at 140% above the HPI over time, until the March 2015 sale, where it falls to 90% above the HPI. The line then continues to track at 90% above the HPI.

What might 2B OAKWOOD CHASE be worth now?

2B OAKWOOD CHASE might now be worth an estimated £1,512,055.

This is based on house price inflation of 51.2%, between March 2015 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 51.2% inflationary increase is applied to the most recent sale price for 2B OAKWOOD CHASE of £1,000,000 on 27th March 2015. For the value to have increased from £1,000,000 to £1,512,055 over the eight years and three months to December 2024, the following assumptions must hold true:

• The value of 2B OAKWOOD CHASE has moved in line with the HPI for detached houses in the Havering local authority area.
• The March 2015 sale price of £1,000,000 represented a fair market value for the property.
• The size, condition, and specification of 2B OAKWOOD CHASE has not materially changed since March 2015.

How Large is 2B OAKWOOD CHASE?

2B OAKWOOD CHASE is 315m² according to the EPC inspection conducted in June 2011. This puts it in the largest 10% 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 2B OAKWOOD CHASE lies on this distribution: 92% of detached houses houses are smaller than 2B OAKWOOD CHASE, and 8% of houses are larger. Note that EPC data is not available for all properties in London.

2B OAKWOOD CHASE: Plot and Title Map

2B OAKWOOD CHASE sits on a plot of roughly 0.176 of an acre, or 712m². The below map shows the location of 2B OAKWOOD CHASE, 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 2B OAKWOOD CHASE). 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 2B OAKWOOD CHASE?

2B OAKWOOD CHASE is located in HORNCHURCH, in the RM11 postcode district. The below map shows the position of No. 2B on OAKWOOD CHASE.