28C, CARDINAL WAY, RAINHAM, RM13 9RB - £585,000

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

28C CARDINAL WAY is a very large extended detached house of 145m², built sometime between 1983 and 1990. It was last sold for £585,000 in December 2021, which was around 23% below the average December 2021 detached price in the Havering local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

28C CARDINAL WAY Sold Prices

Land registry data shows two sales for 28C CARDINAL WAY 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 28C CARDINAL WAY 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
2021 10 DEC	£585,000	£762,612	23% below HPI
2013 18 JAN	£330,000	£417,262	21% below HPI

28C CARDINAL WAY 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 28C CARDINAL WAY sales from January 2013 and December 2021 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 January 2013 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 28C CARDINAL WAY?

28C CARDINAL WAY is 145m², which includes two extensions, according to the EPC inspection conducted in August 2021. This puts it in the largest 20% of detached houses in Rainham, based on EPC data. The below chart shows the distribution of detached houses by size in Rainham, and where 28C CARDINAL WAY lies on this distribution: 81% of detached houses are smaller than 28C CARDINAL WAY, and 19% of houses are larger. Note that EPC data is not available for all properties in Rainham.

28C CARDINAL WAY: Plot and Title Map

28C CARDINAL WAY sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 28C CARDINAL WAY, 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 28C CARDINAL WAY). 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 28C CARDINAL WAY?

28C CARDINAL WAY is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 28C on CARDINAL WAY.