1A, FRANMIL ROAD, HORNCHURCH, RM12 4TR - £473,000

1A FRANMIL ROAD is a small detached house of 87m², built sometime between 2003 and 2006. It was last sold for £473,000 in October 2022, which was around 42% below the average October 2022 detached price in the Havering local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

1A FRANMIL ROAD Sold Prices

Land registry data shows three sales for 1A FRANMIL ROAD 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 1A FRANMIL ROAD 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
2022 4 OCT	£473,000	£822,044	42% below HPI
2005 18 JAN	£184,000	£369,853	50% below HPI
2001 20 AUG	£197,000	£251,317	22% below HPI

1A FRANMIL ROAD 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 1A FRANMIL ROAD sales between August 2001 and October 2022 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 January 2005 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the October 2022 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 1A FRANMIL ROAD?

1A FRANMIL ROAD is 87m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 30% of detached houses in Hornchurch, based on EPC data. The below chart shows the distribution of detached houses by size in Hornchurch, and where 1A FRANMIL ROAD lies on this distribution: 20% of detached houses are smaller than 1A FRANMIL ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Hornchurch.

1A FRANMIL ROAD: Plot and Title Map

1A FRANMIL ROAD sits on a plot of roughly 0.040 of an acre, or 162m². The below map shows the location of 1A FRANMIL ROAD, 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 1A FRANMIL ROAD). 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 1A FRANMIL ROAD?

1A FRANMIL ROAD is located in HORNCHURCH, in the RM12 postcode district. The below map shows the position of No. 1A on FRANMIL ROAD.