111, LAKE AVENUE, RAINHAM, RM13 9SQ - £450,000

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

111 LAKE AVENUE is a large extended detached house of 124m², built sometime between 1930 and 1949. It was last sold for £450,000 in October 2018, which was around 37% below the average October 2018 detached price in the Havering local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

111 LAKE AVENUE Sold Prices

Land registry data shows two sales for 111 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 111 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
2018 5 OCT	£450,000	£709,424	37% below HPI
2005 12 DEC	£178,000	£366,740	51% below HPI

111 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 111 LAKE AVENUE sales from December 2005 and October 2018 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 December 2005 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the October 2018 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 111 LAKE AVENUE?

111 LAKE AVENUE is 124m², which includes two extensions, according to the EPC inspection conducted in October 2015. This puts it in the largest 40% of detached houses in Rainham, based on EPC data. The below chart shows the distribution of detached houses by size in Rainham, and where 111 LAKE AVENUE lies on this distribution: 68% of detached houses are smaller than 111 LAKE AVENUE, and 31% of houses are larger. Note that EPC data is not available for all properties in Rainham.

111 LAKE AVENUE: Plot and Title Map

111 LAKE AVENUE sits on a plot of roughly 0.137 of an acre, or 553m². The below map shows the location of 111 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 111 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 111 LAKE AVENUE?

111 LAKE AVENUE is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 111 on LAKE AVENUE.