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
41 BANCROFT CHASE is a large extended detached house of 133m², built sometime between 1996 and 2002. It was last sold for £375,000 in March 2008, which was around 15% below the average March 2008 detached price in the Havering local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 41 BANCROFT CHASE since 1st 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. One of the two 41 BANCROFT CHASE sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2008 7 MAR | £375,000 | £443,129 | 15% below HPI |
2002 17 MAY | £310,000 | £276,250 | 12% above HPI |
The below graph shows the average detached house price in the Havering local authority area over time, sourced from the HPI. The two 41 BANCROFT CHASE sales from May 2002 and March 2008 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 May 2002 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the March 2008 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.
41 BANCROFT CHASE is 133m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the largest 30% of detached houses in Hornchurch, based on EPC data. The below chart shows the distribution of detached houses by size in Hornchurch, and where 41 BANCROFT CHASE lies on this distribution: 71% of detached houses are smaller than 41 BANCROFT CHASE, and 29% of houses are larger. Note that EPC data is not available for all properties in Hornchurch.
41 BANCROFT CHASE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 41 BANCROFT CHASE, 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 41 BANCROFT CHASE). 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.
41 BANCROFT CHASE is located in HORNCHURCH, in the RM12 postcode district. The below map shows the position of No. 41 on BANCROFT CHASE.