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

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

7 NELMES CLOSE is a large extended detached house of 190m², built sometime between 1967 and 1975. It was last sold for £780,000 in July 2015, which was around 42% 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	£549,109	42% above HPI
1997 4 JUL	£172,500	£148,152	16% 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 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the July 2015 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

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 in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 7 NELMES CLOSE lies on this distribution: 71% of detached 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.