11, LAKE AVENUE, RAINHAM, RM13 9SE - £310,000

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

11 LAKE AVENUE is a midsized extended detached house of 115m², built sometime between 1950 and 1966. It was last sold for £310,000 in July 2010, which was around 26% below the average July 2010 detached price in the Havering local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was D.

11 LAKE AVENUE Sold Prices

Land registry data shows two sales for 11 LAKE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Havering local authority area for the corresponding sale date. Both of the two 11 LAKE AVENUE 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
2010 23 JUL	£310,000	£417,091	26% below HPI
2008 15 AUG	£315,000	£422,765	25% below HPI

11 LAKE AVENUE 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 two 11 LAKE AVENUE sales from August 2008 and July 2010 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 August 2008 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2010 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 11 LAKE AVENUE?

11 LAKE AVENUE is 115m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the largest 50% of detached houses in Rainham, based on EPC data. The below chart shows the distribution of detached houses by size in Rainham, and where 11 LAKE AVENUE lies on this distribution: 59% of detached houses are smaller than 11 LAKE AVENUE, and 40% of houses are larger. Note that EPC data is not available for all properties in Rainham.

11 LAKE AVENUE: Plot and Title Map

11 LAKE AVENUE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 11 LAKE AVENUE, 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 11 LAKE AVENUE). 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 11 LAKE AVENUE?

11 LAKE AVENUE is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 11 on LAKE AVENUE.