8, PEERAGE WAY, HORNCHURCH, RM11 3BE - £1,200,000

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 PEERAGE WAY is a very large extended detached house of 222m², built sometime between 1976 and 1982. It was last sold for £1,200,000 in March 2021, which was around 69% above the average March 2021 detached price in the Havering local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

8 PEERAGE WAY Sold Prices

Land registry data shows three sales for 8 PEERAGE WAY 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. All of the three 8 PEERAGE 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
2021 29 MAR	£1,200,000	£710,274	69% above HPI
2004 28 MAY	£740,000	£356,377	108% above HPI
1998 1 JUN	£327,000	£169,627	93% above HPI

8 PEERAGE 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 three 8 PEERAGE WAY sales between June 1998 and March 2021 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 May 2004 sale was for 108% above the HPI. So the extrapolation line tracks at 108% above the HPI over time, until the March 2021 sale, where it falls to 69% above the HPI. The line then continues to track at 69% above the HPI.

How Large is 8 PEERAGE WAY?

8 PEERAGE WAY is 222m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the largest 20% 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 PEERAGE WAY lies on this distribution: 80% of detached houses are smaller than 8 PEERAGE WAY, and 19% of houses are larger. Note that EPC data is not available for all properties in London.

8 PEERAGE WAY: Plot and Title Map

8 PEERAGE WAY sits on a plot of roughly 0.188 of an acre, or 760m². The below map shows the location of 8 PEERAGE 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 PEERAGE 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 PEERAGE WAY?

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