Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
43 PARSONAGE ROAD is a large detached house of 141m², built sometime between 1930 and 1949. It was last sold for £650,000 in January 2024, which was around 17% below the average January 2024 detached price in the Havering local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 43 PARSONAGE ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Havering local authority area for the corresponding sale date. All of the three 43 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 |
---|---|---|---|
2024 29 JAN | £650,000 | £781,688 | 17% below HPI |
2016 16 JUN | £550,000 | £636,395 | 14% below HPI |
2014 11 JUL | £285,000 | £490,753 | 42% below HPI |
The below graph shows the average detached house price in the Havering local authority area over time, sourced from the HPI. The three 43 PARSONAGE ROAD sales between July 2014 and January 2024 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 2016 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the January 2024 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.
43 PARSONAGE ROAD is 141m² according to the EPC inspection conducted in March 2016. 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 43 PARSONAGE ROAD lies on this distribution: 79% of detached houses are smaller than 43 PARSONAGE ROAD, and 21% of houses are larger. Note that EPC data is not available for all properties in Rainham.
43 PARSONAGE ROAD sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 43 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 43 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.
43 PARSONAGE ROAD is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 43 on PARSONAGE ROAD.