12, ABBEY WOOD LANE, RAINHAM, RM13 9QH - £325,000

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

12 ABBEY WOOD LANE is a large extended detached house of 115m², built sometime between 1976 and 1982. It was last sold for £325,000 in August 2014, which was around 35% below the average August 2014 detached price in the Havering local authority area. The most recent EPC inspection was November 2008, where the current energy rating was E, and the potential energy rating was D.

12 ABBEY WOOD LANE Sold Prices

Land registry data shows three sales for 12 ABBEY WOOD LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Havering local authority area for the corresponding sale date. All of the three 12 ABBEY WOOD 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
2014 20 AUG	£325,000	£502,761	35% below HPI
2003 20 AUG	£248,000	£341,315	27% below HPI
1998 17 AUG	£107,000	£172,066	38% below HPI

12 ABBEY WOOD 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 three 12 ABBEY WOOD LANE sales between August 1998 and August 2014 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 2003 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2014 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 12 ABBEY WOOD LANE?

12 ABBEY WOOD LANE is 115m², which includes one extension, according to the EPC inspection conducted in November 2008. 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 12 ABBEY WOOD LANE lies on this distribution: 60% of detached houses are smaller than 12 ABBEY WOOD LANE, and 40% of houses are larger. Note that EPC data is not available for all properties in Rainham.

12 ABBEY WOOD LANE: Plot and Title Map

12 ABBEY WOOD LANE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 12 ABBEY WOOD 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 12 ABBEY WOOD 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 12 ABBEY WOOD LANE?

12 ABBEY WOOD LANE is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 12 on ABBEY WOOD LANE.