177, RAINHAM ROAD, RAINHAM, RM13 7SB - £475,000

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

177 RAINHAM ROAD is a small extended detached house of 116m², built sometime between 1950 and 1966. It was last sold for £475,000 in December 2023, which was around 40% below the average December 2023 detached price in the Havering local authority area. The most recent EPC inspection was April 2023, where the current energy rating was E, and the potential energy rating was B.

177 RAINHAM ROAD Sold Prices

Land registry data shows two sales for 177 RAINHAM 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 177 RAINHAM 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
2023 1 DEC	£475,000	£786,154	40% below HPI
1997 12 DEC	£131,500	£158,822	17% below HPI

177 RAINHAM 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 177 RAINHAM ROAD sales from December 1997 and December 2023 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 December 1997 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2023 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 177 RAINHAM ROAD?

177 RAINHAM ROAD is 116m², which includes two extensions, according to the EPC inspection conducted in April 2023. This puts it in the smallest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 177 RAINHAM ROAD lies on this distribution: 31% of detached houses are smaller than 177 RAINHAM ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in London.

177 RAINHAM ROAD: Plot and Title Map

177 RAINHAM ROAD sits on a plot of roughly 0.123 of an acre, or 496m². The below map shows the location of 177 RAINHAM 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 177 RAINHAM 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 177 RAINHAM ROAD?

177 RAINHAM ROAD is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 177 on RAINHAM ROAD.