7, NELMES CLOSE, HORNCHURCH, RM11 2QA - £780,000

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.

7 NELMES CLOSE is a large extended detached house of 190m², built sometime between 1967 and 1975, which could now be worth an estimated £1,182,330. It was last sold for £780,000 in July 2015, which was around 44% above the average July 2015 detached price in the Havering local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

7 NELMES CLOSE Sold Prices

Land registry data shows two sales for 7 NELMES CLOSE 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 7 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
2015 24 JUL	£780,000	£543,325	44% above HPI
1997 4 JUL	£172,500	£146,592	18% above HPI

7 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 two 7 NELMES CLOSE sales from July 1997 and July 2015 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 July 1997 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the July 2015 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 7 NELMES CLOSE be worth now?

7 NELMES CLOSE might now be worth an estimated £1,182,330.

This is based on house price inflation of 51.6%, between July 2015 and March 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 51.6% inflationary increase is applied to the most recent sale price for 7 NELMES CLOSE of £780,000 on 24th July 2015. For the value to have increased from £780,000 to £1,182,330 over the ten years and four months to March 2025, the following assumptions must hold true:

• The value of 7 NELMES CLOSE has moved in line with the HPI for detached houses in the Havering local authority area.
• The July 2015 sale price of £780,000 represented a fair market value for the property.
• The size, condition, and specification of 7 NELMES CLOSE has not materially changed since July 2015.

How Large is 7 NELMES CLOSE?

7 NELMES CLOSE is 190m², which includes three extensions, according to the EPC inspection conducted in May 2014. This puts it in the largest 30% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 7 NELMES CLOSE lies on this distribution: 71% of detached houses houses are smaller than 7 NELMES CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in London.

7 NELMES CLOSE: Plot and Title Map

7 NELMES CLOSE sits on a plot of roughly 0.241 of an acre, or 974m². The below map shows the location of 7 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 7 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 7 NELMES CLOSE?

7 NELMES CLOSE is located in HORNCHURCH, in the RM11 postcode district. The below map shows the position of No. 7 on NELMES CLOSE.