38, THORNCROFT, HORNCHURCH, RM11 1EU - £455,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

38 THORNCROFT is a very small detached house of 66m², built sometime between 1983 and 1990. It was last sold for £455,000 in September 2023, which was around 43% below the average September 2023 detached price in the Havering local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

38 THORNCROFT Sold Prices

Land registry data shows three sales for 38 THORNCROFT since 1^st 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. All of the three 38 THORNCROFT 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
2023 5 SEP	£455,000	£801,423	43% below HPI
2022 23 SEP	£450,000	£810,448	44% below HPI
2003 8 APR	£195,000	£342,346	43% below HPI

38 THORNCROFT 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 three 38 THORNCROFT sales between April 2003 and September 2023 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 2022 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the September 2023 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 38 THORNCROFT?

38 THORNCROFT is 66m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of detached houses in Romford, based on EPC data. The below chart shows the distribution of detached houses by size in Romford, and where 38 THORNCROFT lies on this distribution: 3% of detached houses are smaller than 38 THORNCROFT, and 96% of houses are larger. Note that EPC data is not available for all properties in Romford.

38 THORNCROFT: Plot and Title Map

38 THORNCROFT sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 38 THORNCROFT, 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 38 THORNCROFT). 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 38 THORNCROFT?

38 THORNCROFT is located in HORNCHURCH, in the RM11 postcode district. The below map shows the position of No. 38 on THORNCROFT.