34, PROSPECT ROAD, HORNCHURCH, RM11 3TZ - £600,000

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

34 PROSPECT ROAD is a midsized extended detached house of 162m², built sometime between 1991 and 1995. It was last sold for £600,000 in August 2018, which was around 15% below the average August 2018 detached price in the Havering local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was C.

34 PROSPECT ROAD Sold Prices

Land registry data shows two sales for 34 PROSPECT ROAD 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 34 PROSPECT ROAD 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
2018 10 AUG	£600,000	£707,768	15% below HPI
2007 22 AUG	£365,000	£428,727	15% below HPI

34 PROSPECT ROAD 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 34 PROSPECT ROAD sales from August 2007 and August 2018 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 August 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2018 sale, which was also at 15% below the HPI.

How Large is 34 PROSPECT ROAD?

34 PROSPECT ROAD is 162m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 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 34 PROSPECT ROAD lies on this distribution: 60% of detached houses are smaller than 34 PROSPECT ROAD, and 40% of houses are larger. Note that EPC data is not available for all properties in London.

34 PROSPECT ROAD: Plot and Title Map

34 PROSPECT ROAD sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 34 PROSPECT ROAD, 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 34 PROSPECT ROAD). 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 34 PROSPECT ROAD?

34 PROSPECT ROAD is located in HORNCHURCH, in the RM11 postcode district. The below map shows the position of No. 34 on PROSPECT ROAD.