2, PEARCY CLOSE, HAROLD HILL, ROMFORD, RM3 8PW - £430,000

2 PEARCY CLOSE is a very small detached house of 85m², built sometime between 1996 and 2002. It was last sold for £430,000 in January 2020, which was around 38% below the average January 2020 detached price in the Havering local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

2 PEARCY CLOSE Sold Prices

Land registry data shows three sales for 2 PEARCY 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. All of the three 2 PEARCY 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
2020 24 JAN	£430,000	£688,057	38% below HPI
2011 18 JUL	£245,000	£418,899	42% below HPI
2001 29 JUN	£170,995	£242,132	29% below HPI

2 PEARCY 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 2 PEARCY CLOSE sales between June 2001 and January 2020 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 2011 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the January 2020 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 2 PEARCY CLOSE?

2 PEARCY CLOSE is 85m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 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 2 PEARCY CLOSE lies on this distribution: 10% of detached houses are smaller than 2 PEARCY CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in London.

2 PEARCY CLOSE: Plot and Title Map

2 PEARCY CLOSE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 2 PEARCY 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 2 PEARCY 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 2 PEARCY CLOSE?

2 PEARCY CLOSE is located in HAROLD HILL, in the RM3 postcode district. The below map shows the position of No. 2 on PEARCY CLOSE.