40, KING EDWARD AVENUE, RAINHAM, RM13 9RJ - £340,000

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

40 KING EDWARD AVENUE is a very small detached house of 73m², built sometime between 1950 and 1966. It was last sold for £340,000 in June 2015, which was around 37% below the average June 2015 detached price in the Havering local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

40 KING EDWARD AVENUE Sold Prices

Land registry data shows two sales for 40 KING EDWARD AVENUE 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 40 KING EDWARD AVENUE 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 22 JUN	£340,000	£537,239	37% below HPI
2000 16 JUN	£130,000	£218,609	41% below HPI

40 KING EDWARD AVENUE 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 40 KING EDWARD AVENUE sales from June 2000 and June 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 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the June 2015 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 40 KING EDWARD AVENUE?

40 KING EDWARD AVENUE is 73m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 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 40 KING EDWARD AVENUE lies on this distribution: 12% of detached houses are smaller than 40 KING EDWARD AVENUE, and 87% of houses are larger. Note that EPC data is not available for all properties in Rainham.

40 KING EDWARD AVENUE: Plot and Title Map

40 KING EDWARD AVENUE sits on a plot of roughly 0.138 of an acre, or 558m². The below map shows the location of 40 KING EDWARD AVENUE, 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 40 KING EDWARD AVENUE). 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 40 KING EDWARD AVENUE?

40 KING EDWARD AVENUE is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 40 on KING EDWARD AVENUE.