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

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

2B OAKWOOD CHASE is a very large detached house of 315m², built sometime from 2007 onwards. It was last sold for £1,000,000 in March 2015, which was around 88% 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	£531,500	88% above HPI
2007 12 MAR	£960,000	£403,796	138% 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 138% above the HPI. So the extrapolation line tracks at 138% above the HPI over time, until the March 2015 sale, where it falls to 88% above the HPI. The line then continues to track at 88% above the HPI.

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 in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 2B OAKWOOD CHASE lies on this distribution: 92% of detached 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.