7, LANCASTER DRIVE, HORNCHURCH, RM12 5SU - £432,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 LANCASTER DRIVE is a very small extended semi-detached house of 91m², built sometime between 1930 and 1949, which could now be worth an estimated £535,198. It was last sold for £432,500 in April 2019, which was around 1% above the average April 2019 semi-detached price in the Havering local authority area. The most recent EPC inspection was August 2011, where the current energy rating was E, and the potential energy rating was D.

7 LANCASTER DRIVE Sold Prices

Land registry data shows two sales for 7 LANCASTER DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Havering local authority area for the corresponding sale date. One of the two 7 LANCASTER DRIVE sales was for above the average price, whilst the other was 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
2019 12 APR	£432,500	£427,612	1% above HPI
2012 4 MAY	£231,500	£256,885	10% below HPI

7 LANCASTER DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Havering local authority area over time, sourced from the HPI. The two 7 LANCASTER DRIVE sales from May 2012 and April 2019 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 2012 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the April 2019 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 7 LANCASTER DRIVE be worth now?

7 LANCASTER DRIVE might now be worth an estimated £535,198.

This is based on house price inflation of 23.7%, between April 2019 and February 2025, for semi-detached houses, in the Havering local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.7% inflationary increase is applied to the most recent sale price for 7 LANCASTER DRIVE of £432,500 on 12th April 2019. For the value to have increased from £432,500 to £535,198 over the six years and two months to February 2025, the following assumptions must hold true:

• The value of 7 LANCASTER DRIVE has moved in line with the HPI for semi-detached houses in the Havering local authority area.
• The April 2019 sale price of £432,500 represented a fair market value for the property.
• The size, condition, and specification of 7 LANCASTER DRIVE has not materially changed since April 2019.

How Large is 7 LANCASTER DRIVE?

7 LANCASTER DRIVE is 91m², which includes two extensions, according to the EPC inspection conducted in August 2011. This puts it in the smallest 20% of semi-detached houses houses in London, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in London, and where 7 LANCASTER DRIVE lies on this distribution: 14% of semi-detached houses houses are smaller than 7 LANCASTER DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in London.

7 LANCASTER DRIVE: Plot and Title Map

7 LANCASTER DRIVE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 7 LANCASTER DRIVE, 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 7 LANCASTER DRIVE). 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 7 LANCASTER DRIVE?

7 LANCASTER DRIVE is located in HORNCHURCH, in the RM12 postcode district. The below map shows the position of No. 7 on LANCASTER DRIVE.