323A, RAINHAM ROAD, RAINHAM, RM13 7TB - £325,000

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

323A RAINHAM ROAD is a small detached house of 101m², built sometime from 2007 onwards. It was last sold for £325,000 in March 2016, which was around 48% below the average March 2016 detached price in the Havering local authority area. The most recent EPC inspection was December 2008, where the current energy rating was C, and the potential energy rating was C.

323A RAINHAM ROAD Sold Prices

Land registry data shows two sales for 323A 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 323A 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
2016 11 MAR	£325,000	£630,274	48% below HPI
2005 25 APR	£248,000	£366,946	32% below HPI

323A 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 323A RAINHAM ROAD sales from April 2005 and March 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 April 2005 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2016 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 323A RAINHAM ROAD?

323A RAINHAM ROAD is 101m² according to the EPC inspection conducted in December 2008. This puts it in the smallest 30% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 323A RAINHAM ROAD lies on this distribution: 20% of detached houses are smaller than 323A RAINHAM ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in London.

323A RAINHAM ROAD: Plot and Title Map

323A RAINHAM ROAD sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 323A 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 323A 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 323A RAINHAM ROAD?

323A RAINHAM ROAD is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 323A on RAINHAM ROAD.