31, NELMES WAY, HORNCHURCH, RM11 2QY - £1,540,000

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

31 NELMES WAY is a very large detached house of 518m². It was last sold for £1,540,000 in July 2015, which was around 180% above the average July 2015 detached price in the Havering local authority area. The most recent EPC inspection was June 2013, where the current energy rating was B, and the potential energy rating was B.

31 NELMES WAY Sold Prices

Land registry data shows two sales for 31 NELMES WAY 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 31 NELMES 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
2015 31 JUL	£1,540,000	£549,109	180% above HPI
2008 31 JUL	£750,000	£424,861	77% above HPI

31 NELMES 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 two 31 NELMES WAY sales from July 2008 and July 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 July 2008 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the July 2015 sale, where it rises to 180% above the HPI. The line then continues to track at 180% above the HPI.

How Large is 31 NELMES WAY?

31 NELMES WAY is 518m² according to the EPC inspection conducted in June 2013. 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 31 NELMES WAY lies on this distribution: 98% of detached houses are smaller than 31 NELMES WAY, and 2% of houses are larger. Note that EPC data is not available for all properties in London.

31 NELMES WAY: Plot and Title Map

31 NELMES WAY sits on a plot of roughly 0.281 of an acre, or 1,136m². The below map shows the location of 31 NELMES 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 31 NELMES 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 31 NELMES WAY?

31 NELMES WAY is located in HORNCHURCH, in the RM11 postcode district. The below map shows the position of No. 31 on NELMES WAY.