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
14 FAIRVIEW AVENUE is a midsized extended detached house of 111m², built sometime between 1930 and 1949. It was last sold for £450,000 in August 2017, which was around 35% below the average August 2017 detached price in the Havering local authority area. The most recent EPC inspection was November 2016, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 14 FAIRVIEW AVENUE since 1st 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 14 FAIRVIEW 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 |
---|---|---|---|
2017 25 AUG | £450,000 | £688,647 | 35% below HPI |
1998 22 OCT | £100,000 | £172,439 | 42% below HPI |
The below graph shows the average detached house price in the Havering local authority area over time, sourced from the HPI. The two 14 FAIRVIEW AVENUE sales from October 1998 and August 2017 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 October 1998 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the August 2017 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.
14 FAIRVIEW AVENUE is 111m², which includes one extension, according to the EPC inspection conducted in November 2016. 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 14 FAIRVIEW AVENUE lies on this distribution: 55% of detached houses are smaller than 14 FAIRVIEW AVENUE, and 44% of houses are larger. Note that EPC data is not available for all properties in Rainham.
14 FAIRVIEW AVENUE sits on a plot of roughly 0.155 of an acre, or 629m². The below map shows the location of 14 FAIRVIEW 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 14 FAIRVIEW 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.
14 FAIRVIEW AVENUE is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 14 on FAIRVIEW AVENUE.