3, GARLAND WAY, HORNCHURCH, RM11 2SX - £735,000

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 GARLAND WAY is a very small detached house of 94m², built sometime between 1967 and 1975. It was last sold for £735,000 in February 2022, which was around 5% below the average February 2022 detached price in the Havering local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

3 GARLAND WAY Sold Prices

Land registry data shows four sales for 3 GARLAND WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Havering local authority area for the corresponding sale date. Most of the four 3 GARLAND WAY 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
2022 28 FEB	£735,000	£770,714	5% below HPI
2014 27 OCT	£560,000	£517,406	8% above HPI
2007 7 NOV	£455,000	£441,636	3% above HPI
1999 5 JUL	£207,000	£183,490	13% above HPI

3 GARLAND WAY 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 four 3 GARLAND WAY sales between July 1999 and February 2022 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 October 2014 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the February 2022 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 3 GARLAND WAY?

3 GARLAND WAY is 94m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 20% 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 GARLAND WAY lies on this distribution: 16% of detached houses are smaller than 3 GARLAND WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in London.

3 GARLAND WAY: Plot and Title Map

3 GARLAND WAY sits on a plot of roughly 0.145 of an acre, or 587m². The below map shows the location of 3 GARLAND WAY, 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 GARLAND WAY). 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 GARLAND WAY?

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