43, NELMES WAY, HORNCHURCH, RM11 2RB - £1,700,000

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

43 NELMES WAY is a very large extended detached house of 467m², built sometime between 1950 and 1966. It was last sold for £1,700,000 in January 2014, which was around 278% above the average January 2014 detached price in the Havering local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was C.

43 NELMES WAY Sold Prices

Land registry data shows two sales for 43 NELMES WAY 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 43 NELMES WAY 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
2014 16 JAN	£1,700,000	£449,389	278% above HPI
2006 26 JUL	£860,000	£379,379	127% above HPI

43 NELMES WAY 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 43 NELMES WAY sales from July 2006 and January 2014 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 July 2006 sale was for 127% above the HPI. So the extrapolation line tracks at 127% above the HPI over time, until the January 2014 sale, where it rises to 278% above the HPI. The line then continues to track at 278% above the HPI.

How Large is 43 NELMES WAY?

43 NELMES WAY is 467m², which includes two extensions, according to the EPC inspection conducted in October 2019. This puts it in the largest 10% 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 NELMES WAY lies on this distribution: 98% of detached houses are smaller than 43 NELMES WAY, and 2% of houses are larger. Note that EPC data is not available for all properties in London.

43 NELMES WAY: Plot and Title Map

43 NELMES WAY sits on a plot of roughly 0.380 of an acre, or 1,539m². The below map shows the location of 43 NELMES WAY, 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 NELMES WAY). 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 43 NELMES WAY?

43 NELMES WAY is located in HORNCHURCH, in the RM11 postcode district. The below map shows the position of No. 43 on NELMES WAY.