3, BANYARDS, HORNCHURCH, RM11 2QJ - £1,235,000

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

3 BANYARDS is a large extended detached house of 169m², built sometime between 1967 and 1975. It was last sold for £1,235,000 in December 2021, which was around 62% above the average December 2021 detached price in the Havering local authority area. The most recent EPC inspection was January 2017, where the current energy rating was E, and the potential energy rating was D.

3 BANYARDS Sold Prices

Land registry data shows three sales for 3 BANYARDS 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 3 BANYARDS 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 10 DEC	£1,235,000	£762,612	62% above HPI
2017 16 MAY	£940,000	£663,750	42% above HPI
2009 25 JUN	£600,000	£365,149	64% above HPI

3 BANYARDS 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 3 BANYARDS sales between June 2009 and December 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 May 2017 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the December 2021 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is 3 BANYARDS?

3 BANYARDS is 169m², which includes two extensions, according to the EPC inspection conducted in January 2017. 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 3 BANYARDS lies on this distribution: 63% of detached houses are smaller than 3 BANYARDS, and 36% of houses are larger. Note that EPC data is not available for all properties in London.

3 BANYARDS: Plot and Title Map

3 BANYARDS sits on a plot of roughly 0.186 of an acre, or 751m². The below map shows the location of 3 BANYARDS, 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 3 BANYARDS). 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 3 BANYARDS?

3 BANYARDS is located in HORNCHURCH, in the RM11 postcode district. The below map shows the position of No. 3 on BANYARDS.