5, FAIRLAWNS CLOSE, HORNCHURCH, RM11 3NL - £720,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 FAIRLAWNS CLOSE is a large extended detached house of 179m², built sometime between 1967 and 1975, which could now be worth an estimated £1,086,523. It was last sold for £720,000 in July 2015, which was around 33% 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.

5 FAIRLAWNS CLOSE Sold Prices

Land registry data shows three sales for 5 FAIRLAWNS CLOSE since 1^st 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	£543,325	33% above HPI
2006 29 JUN	£605,000	£370,727	63% above HPI
2005 11 MAR	£530,000	£366,814	44% above HPI

5 FAIRLAWNS CLOSE 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 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 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the July 2015 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 5 FAIRLAWNS CLOSE be worth now?

5 FAIRLAWNS CLOSE might now be worth an estimated £1,086,523.

This is based on house price inflation of 50.9%, between July 2015 and February 2025, for detached houses, in the Havering local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.9% inflationary increase is applied to the most recent sale price for 5 FAIRLAWNS CLOSE of £720,000 on 10th July 2015. For the value to have increased from £720,000 to £1,086,523 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 5 FAIRLAWNS CLOSE has moved in line with the HPI for detached houses in the Havering local authority area.
• The July 2015 sale price of £720,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FAIRLAWNS CLOSE has not materially changed since July 2015.

How Large is 5 FAIRLAWNS CLOSE?

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 houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 5 FAIRLAWNS CLOSE lies on this distribution: 67% of detached houses houses are smaller than 5 FAIRLAWNS CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in London.

5 FAIRLAWNS CLOSE: Plot and Title Map

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.

Where is 5 FAIRLAWNS CLOSE?

5 FAIRLAWNS CLOSE is located in HORNCHURCH, in the RM11 postcode district. The below map shows the position of No. 5 on FAIRLAWNS CLOSE.