5, GREAT NELMES CHASE, HORNCHURCH, RM11 2PS - £475,000

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

5 GREAT NELMES CHASE is a small extended detached house of 126m², built sometime between 1950 and 1966. It was last sold for £475,000 in October 2007, which was around 8% above the average October 2007 detached price in the Havering local authority area. The most recent EPC inspection was May 2021, where the current energy rating was E, and the potential energy rating was C.

5 GREAT NELMES CHASE Sold Prices

Land registry data shows three sales for 5 GREAT NELMES CHASE 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 GREAT NELMES CHASE 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
2007 22 OCT	£475,000	£438,287	8% above HPI
2000 30 JUN	£272,500	£218,609	25% above HPI
1998 30 JAN	£164,000	£160,909	2% above HPI

5 GREAT NELMES CHASE 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 GREAT NELMES CHASE sales between January 1998 and October 2007 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 2000 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the October 2007 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 5 GREAT NELMES CHASE?

5 GREAT NELMES CHASE is 126m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 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 GREAT NELMES CHASE lies on this distribution: 38% of detached houses are smaller than 5 GREAT NELMES CHASE, and 61% of houses are larger. Note that EPC data is not available for all properties in London.

5 GREAT NELMES CHASE: Plot and Title Map

5 GREAT NELMES CHASE sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of 5 GREAT NELMES CHASE, 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 GREAT NELMES CHASE). 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 GREAT NELMES CHASE?

5 GREAT NELMES CHASE is located in HORNCHURCH, in the RM11 postcode district. The below map shows the position of No. 5 on GREAT NELMES CHASE.