31, SHELLEY AVENUE, HORNCHURCH, RM12 4BT - £468,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

31 SHELLEY AVENUE is a midsized extended detached house of 110m², built sometime between 1930 and 1949, which could now be worth an estimated £509,399. It was last sold for £468,000 in November 2021, which was around 38% below the average November 2021 detached price in the Havering local authority area. The most recent EPC inspection was May 2021, where the current energy rating was E, and the potential energy rating was B.

31 SHELLEY AVENUE Sold Prices

Land registry data shows two sales for 31 SHELLEY AVENUE 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 SHELLEY AVENUE sales were for below 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 15 NOV	£468,000	£753,275	38% below HPI
2021 24 SEP	£450,000	£732,308	39% below HPI

31 SHELLEY AVENUE 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 SHELLEY AVENUE sales from September 2021 and November 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 September 2021 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the November 2021 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 31 SHELLEY AVENUE be worth now?

31 SHELLEY AVENUE might now be worth an estimated £509,399.

This is based on house price inflation of 8.8%, between November 2021 and February 2025, for detached houses, in the Havering local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.8% inflationary increase is applied to the most recent sale price for 31 SHELLEY AVENUE of £468,000 on 15th November 2021. For the value to have increased from £468,000 to £509,399 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 31 SHELLEY AVENUE has moved in line with the HPI for detached houses in the Havering local authority area.
• The November 2021 sale price of £468,000 represented a fair market value for the property.
• The size, condition, and specification of 31 SHELLEY AVENUE has not materially changed since November 2021.

How Large is 31 SHELLEY AVENUE?

31 SHELLEY AVENUE is 110m², which includes two extensions, according to the EPC inspection conducted in May 2021. This puts it in the smallest 50% of detached houses houses in Hornchurch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hornchurch, and where 31 SHELLEY AVENUE lies on this distribution: 46% of detached houses houses are smaller than 31 SHELLEY AVENUE, and 53% of houses are larger. Note that EPC data is not available for all properties in Hornchurch.

31 SHELLEY AVENUE: Plot and Title Map

31 SHELLEY AVENUE sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 31 SHELLEY AVENUE, 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 SHELLEY AVENUE). 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 SHELLEY AVENUE?

31 SHELLEY AVENUE is located in HORNCHURCH, in the RM12 postcode district. The below map shows the position of No. 31 on SHELLEY AVENUE.