143, CHERRY TREE LANE, RAINHAM, RM13 8TT - £300,000

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

143 CHERRY TREE LANE is a small extended detached house of 108m², built sometime between 1930 and 1949. It was last sold for £300,000 in October 2014, which was around 42% below the average October 2014 detached price in the Havering local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

143 CHERRY TREE LANE Sold Prices

Land registry data shows two sales for 143 CHERRY TREE LANE 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 143 CHERRY TREE 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 16 OCT	£300,000	£517,406	42% below HPI
1999 16 JUL	£73,000	£183,490	60% below HPI

143 CHERRY TREE 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 two 143 CHERRY TREE LANE sales from July 1999 and October 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 July 1999 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the October 2014 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 143 CHERRY TREE LANE?

143 CHERRY TREE LANE is 108m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 30% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 143 CHERRY TREE LANE lies on this distribution: 25% of detached houses are smaller than 143 CHERRY TREE LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in London.

143 CHERRY TREE LANE: Plot and Title Map

143 CHERRY TREE LANE sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 143 CHERRY TREE 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 143 CHERRY TREE 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 143 CHERRY TREE LANE?

143 CHERRY TREE LANE is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 143 on CHERRY TREE LANE.