8, FREEMAN WAY, HORNCHURCH, RM11 3PH - £1,300,000

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

8 FREEMAN WAY is a very large extended detached house of 321m², built sometime between 1991 and 1995. It was last sold for £1,300,000 in September 2017, which was around 87% above the average September 2017 detached price in the Havering local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was C.

8 FREEMAN WAY Sold Prices

Land registry data shows two sales for 8 FREEMAN WAY 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 8 FREEMAN WAY 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
2017 29 SEP	£1,300,000	£694,815	87% above HPI
2004 16 APR	£740,000	£355,592	108% above HPI

8 FREEMAN WAY 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 8 FREEMAN WAY sales from April 2004 and September 2017 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 April 2004 sale was for 108% above the HPI. So the extrapolation line tracks at 108% above the HPI over time, until the September 2017 sale, where it falls to 87% above the HPI. The line then continues to track at 87% above the HPI.

How Large is 8 FREEMAN WAY?

8 FREEMAN WAY is 321m², which includes four extensions, according to the EPC inspection conducted in June 2017. This puts it in the largest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 8 FREEMAN WAY lies on this distribution: 93% of detached houses are smaller than 8 FREEMAN WAY, and 7% of houses are larger. Note that EPC data is not available for all properties in London.

8 FREEMAN WAY: Plot and Title Map

8 FREEMAN WAY sits on a plot of roughly 0.203 of an acre, or 821m². The below map shows the location of 8 FREEMAN WAY, 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 8 FREEMAN WAY). 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 8 FREEMAN WAY?

8 FREEMAN WAY is located in HORNCHURCH, in the RM11 postcode district. The below map shows the position of No. 8 on FREEMAN WAY.