7, SPINGATE CLOSE, HORNCHURCH, RM12 6SW - £545,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 SPINGATE CLOSE is a midsized extended detached house of 118m², built sometime between 1991 and 1995, which could now be worth an estimated £652,000. It was last sold for £545,000 in October 2016, which was around 18% below the average October 2016 detached price in the Havering local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

7 SPINGATE CLOSE Sold Prices

Land registry data shows three sales for 7 SPINGATE CLOSE 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 7 SPINGATE CLOSE 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
2016 27 OCT	£545,000	£664,694	18% below HPI
2012 20 JUL	£366,000	£415,540	12% below HPI
1995 3 JUL	£145,000	£130,741	11% above HPI

7 SPINGATE 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 three 7 SPINGATE CLOSE sales between July 1995 and October 2016 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 2012 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2016 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 7 SPINGATE CLOSE be worth now?

7 SPINGATE CLOSE might now be worth an estimated £652,000.

This is based on house price inflation of 19.6%, between October 2016 and December 2024, 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 19.6% inflationary increase is applied to the most recent sale price for 7 SPINGATE CLOSE of £545,000 on 27th October 2016. For the value to have increased from £545,000 to £652,000 over the seven years and ten months to December 2024, the following assumptions must hold true:

• The value of 7 SPINGATE CLOSE has moved in line with the HPI for detached houses in the Havering local authority area.
• The October 2016 sale price of £545,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SPINGATE CLOSE has not materially changed since October 2016.

How Large is 7 SPINGATE CLOSE?

7 SPINGATE CLOSE is 118m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the largest 50% 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 7 SPINGATE CLOSE lies on this distribution: 58% of detached houses houses are smaller than 7 SPINGATE CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Hornchurch.

7 SPINGATE CLOSE: Plot and Title Map

7 SPINGATE CLOSE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 7 SPINGATE 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 SPINGATE 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 SPINGATE CLOSE?

7 SPINGATE CLOSE is located in HORNCHURCH, in the RM12 postcode district. The below map shows the position of No. 7 on SPINGATE CLOSE.