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 FORDHAM CLOSE is a small extended detached house of 120m², built sometime between 1996 and 2002. It was last sold for £640,000 in August 2020, which was around 10% below the average August 2020 detached price in the Havering local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 3 FORDHAM CLOSE since 1st 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. One of the three 3 FORDHAM CLOSE sales was for below the average price, whilst two 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 |
---|---|---|---|
2020 4 AUG | £640,000 | £712,619 | 10% below HPI |
2006 30 JUN | £431,500 | £374,673 | 15% above HPI |
1996 25 JAN | £165,000 | £130,335 | 27% above HPI |
The below graph shows the average detached house price in the Havering local authority area over time, sourced from the HPI. The three 3 FORDHAM CLOSE sales between January 1996 and August 2020 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 June 2006 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the August 2020 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.
3 FORDHAM CLOSE is 120m², which includes one extension, according to the EPC inspection conducted in May 2020. This puts it in the smallest 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 FORDHAM CLOSE lies on this distribution: 34% of detached houses are smaller than 3 FORDHAM CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in London.
3 FORDHAM CLOSE sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 3 FORDHAM 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 FORDHAM 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 FORDHAM CLOSE is located in HORNCHURCH, in the RM11 postcode district. The below map shows the position of No. 3 on FORDHAM CLOSE.