103, FORD LANE, RAINHAM, RM13 7AT - £350,000

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.

103 FORD LANE is a very small extended detached house of 66m², built sometime between 1950 and 1966, which could now be worth an estimated £407,913. It was last sold for £350,000 in June 2020, which was around 50% below the average June 2020 detached price in the Havering local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

103 FORD LANE Sold Prices

Land registry data shows four sales for 103 FORD LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Havering local authority area for the corresponding sale date. All of the four 103 FORD LANE 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 10 JUN	£350,000	£703,505	50% below HPI
2019 16 SEP	£365,000	£687,898	47% below HPI
2004 6 AUG	£217,000	£356,946	39% below HPI
2001 26 OCT	£150,000	£259,841	42% below HPI

103 FORD LANE 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 four 103 FORD LANE sales between October 2001 and June 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 September 2019 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the June 2020 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

What might 103 FORD LANE be worth now?

103 FORD LANE might now be worth an estimated £407,913.

This is based on house price inflation of 16.5%, between June 2020 and February 2025, for 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 16.5% inflationary increase is applied to the most recent sale price for 103 FORD LANE of £350,000 on 10th June 2020. For the value to have increased from £350,000 to £407,913 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 103 FORD LANE has moved in line with the HPI for detached houses in the Havering local authority area.
• The June 2020 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 103 FORD LANE has not materially changed since June 2020.

How Large is 103 FORD LANE?

103 FORD LANE is 66m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 103 FORD LANE lies on this distribution: 3% of detached houses houses are smaller than 103 FORD LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in London.

103 FORD LANE: Plot and Title Map

103 FORD LANE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 103 FORD LANE, 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 103 FORD LANE). 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 103 FORD LANE?

103 FORD LANE is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 103 on FORD LANE.