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
13 LAKE AVENUE is a large extended detached house of 119m², built sometime between 1930 and 1949. It was last sold for £290,000 in November 2013, which was around 35% below the average November 2013 detached price in the Havering local authority area. The most recent EPC inspection was April 2024, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 13 LAKE AVENUE since 1st 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 13 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 |
---|---|---|---|
2013 22 NOV | £290,000 | £443,713 | 35% below HPI |
2000 12 JUL | £143,000 | £221,589 | 35% below HPI |
1995 29 SEP | £95,500 | £131,861 | 28% below HPI |
The below graph shows the average detached house price in the Havering local authority area over time, sourced from the HPI. The three 13 LAKE AVENUE sales between September 1995 and November 2013 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 July 2000 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2013 sale, which was also at 35% below the HPI.
13 LAKE AVENUE is 119m², which includes two extensions, according to the EPC inspection conducted in April 2024. 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 13 LAKE AVENUE lies on this distribution: 64% of detached houses are smaller than 13 LAKE AVENUE, and 35% of houses are larger. Note that EPC data is not available for all properties in Rainham.
13 LAKE AVENUE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 13 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 13 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.
13 LAKE AVENUE is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 13 on LAKE AVENUE.