Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
3 BURGES CLOSE is a very large extended detached house of 307m², built sometime between 1950 and 1966. It was last sold for £935,000 in December 2005, which was around 155% above the average December 2005 detached price in the Havering local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows two sales for 3 BURGES CLOSE since 1st 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 3 BURGES CLOSE 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 |
---|---|---|---|
2005 16 DEC | £935,000 | £366,740 | 155% above HPI |
1998 8 MAY | £295,000 | £166,584 | 77% above HPI |
The below graph shows the average detached house price in the Havering local authority area over time, sourced from the HPI. The two 3 BURGES CLOSE sales from May 1998 and December 2005 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 1998 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the December 2005 sale, where it rises to 155% above the HPI. The line then continues to track at 155% above the HPI.
3 BURGES CLOSE is 307m², which includes two extensions, according to the EPC inspection conducted in May 2014. 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 3 BURGES CLOSE lies on this distribution: 92% of detached houses are smaller than 3 BURGES CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in London.
3 BURGES CLOSE sits on a plot of roughly 0.159 of an acre, or 645m². The below map shows the location of 3 BURGES 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 3 BURGES 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.
3 BURGES CLOSE is located in HORNCHURCH, in the RM11 postcode district. The below map shows the position of No. 3 on BURGES CLOSE.