4, CLOISTER CLOSE, RAINHAM, RM13 9AY - £355,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 CLOISTER CLOSE is a small detached house of 96m², built sometime between 1983 and 1990, which could now be worth an estimated £498,435. It was last sold for £355,000 in November 2015, which was around 39% below the average November 2015 detached price in the Havering local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

4 CLOISTER CLOSE Sold Prices

Land registry data shows two sales for 4 CLOISTER CLOSE 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 4 CLOISTER CLOSE 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
2015 26 NOV	£355,000	£583,964	39% below HPI
2000 16 JUN	£130,000	£216,306	40% below HPI

4 CLOISTER CLOSE 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 4 CLOISTER CLOSE sales from June 2000 and November 2015 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 June 2000 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2015 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 4 CLOISTER CLOSE be worth now?

4 CLOISTER CLOSE might now be worth an estimated £498,435.

This is based on house price inflation of 40.4%, between November 2015 and February 2025, for detached houses, in the Havering local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 40.4% inflationary increase is applied to the most recent sale price for 4 CLOISTER CLOSE of £355,000 on 26th November 2015. For the value to have increased from £355,000 to £498,435 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 4 CLOISTER CLOSE has moved in line with the HPI for detached houses in the Havering local authority area.
• The November 2015 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CLOISTER CLOSE has not materially changed since November 2015.

How Large is 4 CLOISTER CLOSE?

4 CLOISTER CLOSE is 96m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 40% of detached houses houses in Rainham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rainham, and where 4 CLOISTER CLOSE lies on this distribution: 37% of detached houses houses are smaller than 4 CLOISTER CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Rainham.

4 CLOISTER CLOSE: Plot and Title Map

4 CLOISTER CLOSE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 4 CLOISTER CLOSE, 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 4 CLOISTER CLOSE). 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 4 CLOISTER CLOSE?

4 CLOISTER CLOSE is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 4 on CLOISTER CLOSE.