1, NEPTUNE CLOSE, RAINHAM, RM13 8SY - £425,000

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

1 NEPTUNE CLOSE is a very small detached house of 94m², built sometime between 1996 and 2002. It was last sold for £425,000 in March 2019, which was around 38% below the average March 2019 detached price in the Havering local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

1 NEPTUNE CLOSE Sold Prices

Land registry data shows five sales for 1 NEPTUNE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Havering local authority area for the corresponding sale date. All of the five 1 NEPTUNE 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
2019 29 MAR	£425,000	£687,330	38% below HPI
2018 29 JAN	£355,000	£685,057	48% below HPI
2003 29 OCT	£245,000	£348,331	30% below HPI
2003 13 MAR	£202,000	£340,071	41% below HPI
2001 25 MAY	£177,995	£237,993	25% below HPI

1 NEPTUNE 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 five 1 NEPTUNE CLOSE sales between May 2001 and March 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 January 2018 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the March 2019 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 1 NEPTUNE CLOSE?

1 NEPTUNE CLOSE is 94m² according to the EPC inspection conducted in June 2018. 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 1 NEPTUNE CLOSE lies on this distribution: 16% of detached houses are smaller than 1 NEPTUNE CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in London.

1 NEPTUNE CLOSE: Plot and Title Map

1 NEPTUNE CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 1 NEPTUNE 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 1 NEPTUNE 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 1 NEPTUNE CLOSE?

1 NEPTUNE CLOSE is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 1 on NEPTUNE CLOSE.