21, SPENCER ROAD, RAINHAM, RM13 8HD - £225,000

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

21 SPENCER ROAD is a very small extended detached house of 59m², built sometime between 1930 and 1949. It was last sold for £225,000 in July 2011, which was around 46% below the average July 2011 detached price in the Havering local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

21 SPENCER ROAD Sold Prices

Land registry data shows three sales for 21 SPENCER ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Havering local authority area for the corresponding sale date. All of the three 21 SPENCER 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
2011 13 JUL	£225,000	£418,899	46% below HPI
2002 7 JUN	£118,000	£283,358	58% below HPI
1996 30 APR	£54,600	£132,172	59% below HPI

21 SPENCER 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 three 21 SPENCER ROAD sales between April 1996 and July 2011 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 2002 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the July 2011 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 21 SPENCER ROAD?

21 SPENCER ROAD is 59m², which includes one extension, according to the EPC inspection conducted in July 2011. 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 21 SPENCER ROAD lies on this distribution: 1% of detached houses are smaller than 21 SPENCER ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in London.

21 SPENCER ROAD: Plot and Title Map

21 SPENCER ROAD sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 21 SPENCER 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 21 SPENCER 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 21 SPENCER ROAD?

21 SPENCER ROAD is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 21 on SPENCER ROAD.