58, LANCASTER DRIVE, HORNCHURCH, RM12 5ST - £260,000

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

58 LANCASTER DRIVE is a very small detached house of 92m², built sometime between 1930 and 1949. It was last sold for £260,000 in December 2009, which was around 33% below the average December 2009 detached price in the Havering local authority area. The most recent EPC inspection was July 2009, where the current energy rating was E, and the potential energy rating was D.

58 LANCASTER DRIVE Sold Prices

Land registry data shows two sales for 58 LANCASTER DRIVE since 1^st 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 58 LANCASTER DRIVE 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
2009 22 DEC	£260,000	£390,959	33% below HPI
2000 16 OCT	£117,000	£228,450	49% below HPI

58 LANCASTER DRIVE 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 two 58 LANCASTER DRIVE sales from October 2000 and December 2009 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 October 2000 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the December 2009 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 58 LANCASTER DRIVE?

58 LANCASTER DRIVE is 92m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 58 LANCASTER DRIVE lies on this distribution: 14% of detached houses are smaller than 58 LANCASTER DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in London.

58 LANCASTER DRIVE: Plot and Title Map

58 LANCASTER DRIVE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 58 LANCASTER DRIVE, 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 58 LANCASTER DRIVE). 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 58 LANCASTER DRIVE?

58 LANCASTER DRIVE is located in HORNCHURCH, in the RM12 postcode district. The below map shows the position of No. 58 on LANCASTER DRIVE.