62, BANCROFT CHASE, HORNCHURCH, RM12 4DR - £498,500

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.

62 BANCROFT CHASE is a midsized extended detached house of 120m², built sometime between 1996 and 2002, which could now be worth an estimated £582,269. It was last sold for £498,500 in October 2018, which was around 29% below the average October 2018 detached price in the Havering local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

62 BANCROFT CHASE Sold Prices

Land registry data shows three sales for 62 BANCROFT 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. Two of the three 62 BANCROFT CHASE sales were for below the average price, whilst one was 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
2018 12 OCT	£498,500	£701,952	29% below HPI
2006 29 SEP	£310,000	£386,177	20% below HPI
2001 30 NOV	£274,995	£261,121	5% above HPI

62 BANCROFT 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 62 BANCROFT CHASE sales between November 2001 and October 2018 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 2006 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2018 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 62 BANCROFT CHASE be worth now?

62 BANCROFT CHASE might now be worth an estimated £582,269.

This is based on house price inflation of 16.8%, between October 2018 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 16.8% inflationary increase is applied to the most recent sale price for 62 BANCROFT CHASE of £498,500 on 12th October 2018. For the value to have increased from £498,500 to £582,269 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 62 BANCROFT CHASE has moved in line with the HPI for detached houses in the Havering local authority area.
• The October 2018 sale price of £498,500 represented a fair market value for the property.
• The size, condition, and specification of 62 BANCROFT CHASE has not materially changed since October 2018.

How Large is 62 BANCROFT CHASE?

62 BANCROFT CHASE is 120m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 40% of detached houses houses in Hornchurch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hornchurch, and where 62 BANCROFT CHASE lies on this distribution: 60% of detached houses houses are smaller than 62 BANCROFT CHASE, and 39% of houses are larger. Note that EPC data is not available for all properties in Hornchurch.

62 BANCROFT CHASE: Plot and Title Map

62 BANCROFT CHASE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 62 BANCROFT 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 62 BANCROFT 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 62 BANCROFT CHASE?

62 BANCROFT CHASE is located in HORNCHURCH, in the RM12 postcode district. The below map shows the position of No. 62 on BANCROFT CHASE.