Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
5 ERNEST ROAD is a midsized extended detached house of 158m², built sometime between 1967 and 1975. It was last sold for £616,500 in April 2005, which was around 68% above the average April 2005 detached price in the Havering local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 5 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 5 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 |
---|---|---|---|
2005 26 APR | £616,500 | £366,946 | 68% above HPI |
1997 18 AUG | £255,000 | £151,212 | 69% above HPI |
1995 6 JAN | £220,000 | £132,606 | 66% 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 5 ERNEST ROAD sales between January 1995 and April 2005 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 August 1997 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the April 2005 sale, where it falls to 68% above the HPI. The line then continues to track at 68% above the HPI.
5 ERNEST ROAD is 158m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the largest 50% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 5 ERNEST ROAD lies on this distribution: 58% of detached houses are smaller than 5 ERNEST ROAD, and 42% of houses are larger. Note that EPC data is not available for all properties in London.
5 ERNEST ROAD sits on a plot of roughly 0.290 of an acre, or 1,174m². The below map shows the location of 5 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 5 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.
5 ERNEST ROAD is located in HORNCHURCH, in the RM11 postcode district. The below map shows the position of No. 5 on ERNEST ROAD.