9, RUSTIC CLOSE, UPMINSTER, RM14 1JP - £497,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

9 RUSTIC CLOSE is a small extended detached house of 124m², built sometime between 1950 and 1966. It was last sold for £497,500 in June 2017, which was around 25% below the average June 2017 detached price in the Havering local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

9 RUSTIC CLOSE Sold Prices

Land registry data shows two sales for 9 RUSTIC 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 9 RUSTIC CLOSE sales were for below 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 9 JUN	£497,500	£666,406	25% below HPI
2002 4 OCT	£249,995	£318,044	21% below HPI

9 RUSTIC 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 9 RUSTIC CLOSE sales from October 2002 and June 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 October 2002 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2017 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 9 RUSTIC CLOSE?

9 RUSTIC CLOSE is 124m², which includes two extensions, according to the EPC inspection conducted in July 2016. This puts it in the smallest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 9 RUSTIC CLOSE lies on this distribution: 37% of detached houses are smaller than 9 RUSTIC CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in London.

9 RUSTIC CLOSE: Plot and Title Map

9 RUSTIC CLOSE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 9 RUSTIC 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 9 RUSTIC 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 9 RUSTIC CLOSE?

9 RUSTIC CLOSE is located in UPMINSTER, in the RM14 postcode district. The below map shows the position of No. 9 on RUSTIC CLOSE.