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
43 ERNEST ROAD is a very large extended detached house of 269m², built sometime between 1983 and 1990. It was last sold for £1,275,000 in November 2019, which was around 83% above the average November 2019 detached price in the Havering local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 43 ERNEST ROAD since 1st 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 43 ERNEST ROAD sales were 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 |
---|---|---|---|
2019 12 NOV | £1,275,000 | £694,831 | 83% above HPI |
2014 3 SEP | £925,000 | £511,282 | 81% above HPI |
1998 30 NOV | £395,000 | £173,936 | 127% above HPI |
The below graph shows the average detached house price in the Havering local authority area over time, sourced from the HPI. The three 43 ERNEST ROAD sales between November 1998 and November 2019 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 2014 sale was for 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the November 2019 sale, where it rises to 83% above the HPI. The line then continues to track at 83% above the HPI.
43 ERNEST ROAD is 269m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 43 ERNEST ROAD lies on this distribution: 88% of detached houses are smaller than 43 ERNEST ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in London.
43 ERNEST ROAD sits on a plot of roughly 0.325 of an acre, or 1,315m². The below map shows the location of 43 ERNEST 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 43 ERNEST 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.
43 ERNEST ROAD is located in HORNCHURCH, in the RM11 postcode district. The below map shows the position of No. 43 on ERNEST ROAD.