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
51 ALBANY ROAD is a very large extended detached house of 150m², built sometime between 1930 and 1949. It was last sold for £580,000 in September 2022, which was around 28% below the average September 2022 detached price in the Havering local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 51 ALBANY ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Havering local authority area for the corresponding sale date. Both of the two 51 ALBANY ROAD sales were for below 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 |
---|---|---|---|
2022 8 SEP | £580,000 | £810,448 | 28% below HPI |
2005 22 SEP | £350,000 | £372,354 | 6% below HPI |
The below graph shows the average detached house price in the Havering local authority area over time, sourced from the HPI. The two 51 ALBANY ROAD sales from September 2005 and September 2022 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 2005 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2022 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.
51 ALBANY ROAD is 150m², which includes three extensions, according to the EPC inspection conducted in June 2016. This puts it in the largest 20% of detached houses in Hornchurch, based on EPC data. The below chart shows the distribution of detached houses by size in Hornchurch, and where 51 ALBANY ROAD lies on this distribution: 82% of detached houses are smaller than 51 ALBANY ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in Hornchurch.
51 ALBANY ROAD sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 51 ALBANY 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 51 ALBANY 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.
51 ALBANY ROAD is located in HORNCHURCH, in the RM12 postcode district. The below map shows the position of No. 51 on ALBANY ROAD.