31, PARSONAGE ROAD, RAINHAM, RM13 9LN - £500,000

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

31 PARSONAGE ROAD is a large detached house of 134m², built sometime between 1976 and 1982. It was last sold for £500,000 in January 2021, which was around 31% below the average January 2021 detached price in the Havering local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

31 PARSONAGE ROAD Sold Prices

Land registry data shows two sales for 31 PARSONAGE 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 31 PARSONAGE 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
2021 29 JAN	£500,000	£725,043	31% below HPI
1996 29 APR	£114,000	£132,172	14% below HPI

31 PARSONAGE 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 31 PARSONAGE ROAD sales from April 1996 and January 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 April 1996 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the January 2021 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 31 PARSONAGE ROAD?

31 PARSONAGE ROAD is 134m² according to the EPC inspection conducted in March 2018. This puts it in the largest 30% of detached houses in Rainham, based on EPC data. The below chart shows the distribution of detached houses by size in Rainham, and where 31 PARSONAGE ROAD lies on this distribution: 75% of detached houses are smaller than 31 PARSONAGE ROAD, and 25% of houses are larger. Note that EPC data is not available for all properties in Rainham.

31 PARSONAGE ROAD: Plot and Title Map

31 PARSONAGE ROAD sits on a plot of roughly 0.076 of an acre, or 310m². The below map shows the location of 31 PARSONAGE 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 31 PARSONAGE 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 31 PARSONAGE ROAD?

31 PARSONAGE ROAD is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 31 on PARSONAGE ROAD.