15, ORCHARD AVENUE, RAINHAM, RM13 9NY - £515,000

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

15 ORCHARD AVENUE is a midsized extended detached house of 110m², built sometime between 1930 and 1949. It was last sold for £515,000 in January 2022, which was around 33% below the average January 2022 detached price in the Havering local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

15 ORCHARD AVENUE Sold Prices

Land registry data shows two sales for 15 ORCHARD AVENUE 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 ORCHARD 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
2022 24 JAN	£515,000	£768,754	33% below HPI
2011 25 MAR	£245,000	£412,848	41% below HPI

15 ORCHARD AVENUE 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 ORCHARD AVENUE sales from March 2011 and January 2022 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 March 2011 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the January 2022 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 15 ORCHARD AVENUE?

15 ORCHARD AVENUE is 110m², which includes one extension, according to the EPC inspection conducted in July 2021. 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 15 ORCHARD AVENUE lies on this distribution: 54% of detached houses are smaller than 15 ORCHARD AVENUE, and 46% of houses are larger. Note that EPC data is not available for all properties in Rainham.

15 ORCHARD AVENUE: Plot and Title Map

15 ORCHARD AVENUE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 15 ORCHARD 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 15 ORCHARD 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.

Where is 15 ORCHARD AVENUE?

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