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 FAIRLAWNS CLOSE is a large extended detached house of 179m², built sometime between 1967 and 1975. It was last sold for £720,000 in July 2015, which was around 31% above the average July 2015 detached price in the Havering local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 5 FAIRLAWNS CLOSE 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 FAIRLAWNS CLOSE 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 10 JUL | £720,000 | £549,109 | 31% above HPI |
2006 29 JUN | £605,000 | £374,673 | 61% above HPI |
2005 11 MAR | £530,000 | £370,718 | 43% 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 FAIRLAWNS CLOSE sales between March 2005 and July 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 June 2006 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the July 2015 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.
5 FAIRLAWNS CLOSE is 179m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the largest 40% 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 FAIRLAWNS CLOSE lies on this distribution: 67% of detached houses are smaller than 5 FAIRLAWNS CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in London.
5 FAIRLAWNS CLOSE sits on a plot of roughly 0.164 of an acre, or 665m². The below map shows the location of 5 FAIRLAWNS CLOSE, 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 FAIRLAWNS CLOSE). 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 FAIRLAWNS CLOSE is located in HORNCHURCH, in the RM11 postcode district. The below map shows the position of No. 5 on FAIRLAWNS CLOSE.