41A, SPENCER ROAD, RAINHAM, RM13 8HD - £352,000

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.

41A SPENCER ROAD is a small semi-detached house of 116m², which could now be worth an estimated £616,630. It was last sold for £352,000 in June 2014, which was around 17% above the average June 2014 semi-detached price in the Havering local authority area. The most recent EPC inspection was July 2013, where the current energy rating was B, and the potential energy rating was B.

41A SPENCER ROAD Sold Prices

Land registry data shows two sales for 41A SPENCER ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Havering local authority area for the corresponding sale date. One of the two 41A SPENCER ROAD sales was for above the average price, whilst the other was 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
2014 30 JUN	£352,000	£302,062	17% above HPI
2012 22 OCT	£180,000	£261,186	31% below HPI

41A SPENCER ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Havering local authority area over time, sourced from the HPI. The two 41A SPENCER ROAD sales from October 2012 and June 2014 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 October 2012 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2014 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 41A SPENCER ROAD be worth now?

41A SPENCER ROAD might now be worth an estimated £616,630.

This is based on house price inflation of 75.2%, between June 2014 and February 2025, for semi-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 75.2% inflationary increase is applied to the most recent sale price for 41A SPENCER ROAD of £352,000 on 30th June 2014. For the value to have increased from £352,000 to £616,630 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of 41A SPENCER ROAD has moved in line with the HPI for semi-detached houses in the Havering local authority area.
• The June 2014 sale price of £352,000 represented a fair market value for the property.
• The size, condition, and specification of 41A SPENCER ROAD has not materially changed since June 2014.

How Large is 41A SPENCER ROAD?

41A SPENCER ROAD is 116m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 40% of semi-detached houses houses in London, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in London, and where 41A SPENCER ROAD lies on this distribution: 31% of semi-detached houses houses are smaller than 41A SPENCER ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in London.

41A SPENCER ROAD: Plot and Title Map

41A SPENCER ROAD sits on a plot of roughly 0.127 of an acre, or 513m². The below map shows the location of 41A SPENCER 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 41A SPENCER 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 41A SPENCER ROAD?

41A SPENCER ROAD is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 41A on SPENCER ROAD.