24, ABBEY WOOD LANE, RAINHAM, RM13 9QH - £405,000

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

24 ABBEY WOOD LANE is a midsized extended detached house of 113m², built sometime between 1967 and 1975. It was last sold for £405,000 in July 2016, which was around 38% below the average July 2016 detached price in the Havering local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

24 ABBEY WOOD LANE Sold Prices

Land registry data shows two sales for 24 ABBEY WOOD 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 24 ABBEY WOOD 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
2016 7 JUL	£405,000	£652,964	38% below HPI
2011 18 NOV	£335,000	£425,035	21% below HPI

24 ABBEY WOOD 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 24 ABBEY WOOD LANE sales from November 2011 and July 2016 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 November 2011 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2016 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 24 ABBEY WOOD LANE?

24 ABBEY WOOD LANE is 113m², which includes two extensions, according to the EPC inspection conducted in April 2011. 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 24 ABBEY WOOD LANE lies on this distribution: 57% of detached houses are smaller than 24 ABBEY WOOD LANE, and 43% of houses are larger. Note that EPC data is not available for all properties in Rainham.

24 ABBEY WOOD LANE: Plot and Title Map

24 ABBEY WOOD LANE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 24 ABBEY WOOD 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 24 ABBEY WOOD 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 24 ABBEY WOOD LANE?

24 ABBEY WOOD LANE is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 24 on ABBEY WOOD LANE.