15, FARM ROAD, RAINHAM, RM13 9JU - £625,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

15 FARM ROAD is a very large extended detached house of 174m², built sometime between 1976 and 1982. It was last sold for £625,000 in April 2019, which was around 9% below the average April 2019 detached price in the Havering local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

15 FARM ROAD Sold Prices

Land registry data shows two sales for 15 FARM ROAD 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 15 FARM ROAD 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
2019 26 APR	£625,000	£684,333	9% below HPI
2002 30 APR	£187,000	£269,104	31% below HPI

15 FARM ROAD 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 15 FARM ROAD sales from April 2002 and April 2019 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 April 2002 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the April 2019 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 15 FARM ROAD?

15 FARM ROAD is 174m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the largest 10% of detached houses in Rainham, based on EPC data. The below chart shows the distribution of detached houses by size in Rainham, and where 15 FARM ROAD lies on this distribution: 90% of detached houses are smaller than 15 FARM ROAD, and 10% of houses are larger. Note that EPC data is not available for all properties in Rainham.

15 FARM ROAD: Plot and Title Map

15 FARM ROAD sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of 15 FARM ROAD, 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 15 FARM ROAD). 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 15 FARM ROAD?

15 FARM ROAD is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 15 on FARM ROAD.