40A, CENTRAL DRIVE, HORNCHURCH, RM12 6AX - £550,000

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

40A CENTRAL DRIVE is a large detached house of 147m². It was last sold for £550,000 in February 2020, which was around 21% below the average February 2020 detached price in the Havering local authority area. The most recent EPC inspection was November 2019, where the current energy rating was B, and the potential energy rating was A.

40A CENTRAL DRIVE Sold Prices

Land registry data shows two sales for 40A CENTRAL DRIVE 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 40A CENTRAL DRIVE 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
2020 18 FEB	£550,000	£693,469	21% below HPI
2019 28 MAR	£520,000	£687,330	24% below HPI

40A CENTRAL DRIVE 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 40A CENTRAL DRIVE sales from March 2019 and February 2020 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 March 2019 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2020 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 40A CENTRAL DRIVE?

40A CENTRAL DRIVE is 147m² according to the EPC inspection conducted in November 2019. This puts it in the largest 20% of detached houses in Hornchurch, based on EPC data. The below chart shows the distribution of detached houses by size in Hornchurch, and where 40A CENTRAL DRIVE lies on this distribution: 80% of detached houses are smaller than 40A CENTRAL DRIVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Hornchurch.

40A CENTRAL DRIVE: Plot and Title Map

40A CENTRAL DRIVE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 40A CENTRAL DRIVE, 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 40A CENTRAL DRIVE). 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 40A CENTRAL DRIVE?

40A CENTRAL DRIVE is located in HORNCHURCH, in the RM12 postcode district. The below map shows the position of No. 40A on CENTRAL DRIVE.