5, NELMES CLOSE, HORNCHURCH, RM11 2QA - £1,300,000

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 NELMES CLOSE is a large extended detached house of 211m², built sometime between 1930 and 1949. It was last sold for £1,300,000 in July 2023, which was around 62% above the average July 2023 detached price in the Havering local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.

5 NELMES CLOSE Sold Prices

Land registry data shows four sales for 5 NELMES CLOSE since 1^st 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 5 NELMES 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
2023 19 JUL	£1,300,000	£800,709	62% above HPI
2007 28 SEP	£840,000	£434,807	93% above HPI
2003 28 FEB	£425,000	£335,642	27% above HPI
1999 23 NOV	£250,000	£193,933	29% above HPI

5 NELMES 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 four 5 NELMES CLOSE sales between November 1999 and July 2023 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 September 2007 sale was for 93% above the HPI. So the extrapolation line tracks at 93% above the HPI over time, until the July 2023 sale, where it falls to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is 5 NELMES CLOSE?

5 NELMES CLOSE is 211m², which includes two extensions, according to the EPC inspection conducted in November 2022. This puts it in the largest 30% 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 NELMES CLOSE lies on this distribution: 78% of detached houses are smaller than 5 NELMES CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in London.

5 NELMES CLOSE: Plot and Title Map

5 NELMES CLOSE sits on a plot of roughly 0.200 of an acre, or 810m². The below map shows the location of 5 NELMES 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 NELMES 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 NELMES CLOSE?

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