283, RAINHAM ROAD, RAINHAM, RM13 7SH - £298,000

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

283 RAINHAM ROAD is a very small detached house of 59m², built sometime between 1976 and 1982. It was last sold for £298,000 in May 2017, which was around 55% below the average May 2017 detached price in the Havering local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

283 RAINHAM ROAD Sold Prices

Land registry data shows two sales for 283 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 283 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
2017 18 MAY	£298,000	£663,750	55% below HPI
1995 27 OCT	£77,000	£130,861	41% below HPI

283 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 283 RAINHAM ROAD sales from October 1995 and May 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 October 1995 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the May 2017 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 283 RAINHAM ROAD?

283 RAINHAM ROAD is 59m² according to the EPC inspection conducted in August 2022. 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 283 RAINHAM ROAD lies on this distribution: 1% of detached houses are smaller than 283 RAINHAM ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in London.

283 RAINHAM ROAD: Plot and Title Map

283 RAINHAM ROAD sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 283 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 283 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 283 RAINHAM ROAD?

283 RAINHAM ROAD is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 283 on RAINHAM ROAD.