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
45 HERBERT ROAD is a very large extended detached house of 244m², built sometime between 1983 and 1990. It was last sold for £1,125,000 in February 2015, which was around 113% above the average February 2015 detached price in the Havering local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 45 HERBERT ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Havering local authority area for the corresponding sale date. All of the four 45 HERBERT 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 |
---|---|---|---|
2015 25 FEB | £1,125,000 | £528,706 | 113% above HPI |
2009 13 FEB | £750,000 | £376,084 | 99% above HPI |
2004 24 MAY | £745,000 | £356,377 | 109% above HPI |
1995 31 JUL | £280,000 | £132,133 | 112% above HPI |
The below graph shows the average detached house price in the Havering local authority area over time, sourced from the HPI. The four 45 HERBERT ROAD sales between July 1995 and February 2015 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 February 2009 sale was for 99% above the HPI. So the extrapolation line tracks at 99% above the HPI over time, until the February 2015 sale, where it rises to 113% above the HPI. The line then continues to track at 113% above the HPI.
45 HERBERT ROAD is 244m², which includes two extensions, according to the EPC inspection conducted in August 2012. 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 45 HERBERT ROAD lies on this distribution: 85% of detached houses are smaller than 45 HERBERT ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in London.
45 HERBERT ROAD sits on a plot of roughly 0.200 of an acre, or 810m². The below map shows the location of 45 HERBERT 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 45 HERBERT 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.
45 HERBERT ROAD is located in HORNCHURCH, in the RM11 postcode district. The below map shows the position of No. 45 on HERBERT ROAD.