159, CHERRY TREE LANE, RAINHAM, RM13 8TU - £356,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

159 CHERRY TREE LANE is a very small detached house of 58m², built sometime between 1930 and 1949. It was last sold for £356,000 in July 2017, which was around 48% below the average July 2017 detached price in the Havering local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was D.

159 CHERRY TREE LANE Sold Prices

Land registry data shows two sales for 159 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 159 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
2017 3 JUL	£356,000	£680,826	48% below HPI
2011 14 JUN	£172,995	£418,103	59% below HPI

159 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 159 CHERRY TREE LANE sales from June 2011 and July 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 June 2011 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the July 2017 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 159 CHERRY TREE LANE?

159 CHERRY TREE LANE is 58m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 159 CHERRY TREE LANE lies on this distribution: 1% of detached houses are smaller than 159 CHERRY TREE LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in London.

159 CHERRY TREE LANE: Plot and Title Map

159 CHERRY TREE LANE sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 159 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 159 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 159 CHERRY TREE LANE?

159 CHERRY TREE LANE is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 159 on CHERRY TREE LANE.