45, CHERRY TREE LANE, RAINHAM, RM13 8TR - £420,000

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.

45 CHERRY TREE LANE is a very small semi-detached house of 71m², built sometime between 1930 and 1949, which could now be worth an estimated £458,728. It was last sold for £420,000 in March 2022, which was around 13% below the average March 2022 semi-detached price in the Havering local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

45 CHERRY TREE LANE Sold Prices

Land registry data shows three sales for 45 CHERRY TREE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Havering local authority area for the corresponding sale date. All of the three 45 CHERRY TREE LANE 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
2022 18 MAR	£420,000	£484,476	13% below HPI
2008 16 MAY	£208,000	£273,705	24% below HPI
2002 2 SEP	£127,500	£183,909	31% below HPI

45 CHERRY TREE LANE 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 three 45 CHERRY TREE LANE sales between September 2002 and March 2022 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 May 2008 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 45 CHERRY TREE LANE be worth now?

45 CHERRY TREE LANE might now be worth an estimated £458,728.

This is based on house price inflation of 9.2%, between March 2022 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 9.2% inflationary increase is applied to the most recent sale price for 45 CHERRY TREE LANE of £420,000 on 18th March 2022. For the value to have increased from £420,000 to £458,728 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 45 CHERRY TREE LANE has moved in line with the HPI for semi-detached houses in the Havering local authority area.
• The March 2022 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 45 CHERRY TREE LANE has not materially changed since March 2022.

How Large is 45 CHERRY TREE LANE?

45 CHERRY TREE LANE is 71m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% 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 45 CHERRY TREE LANE lies on this distribution: 4% of semi-detached houses houses are smaller than 45 CHERRY TREE LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in London.

45 CHERRY TREE LANE: Plot and Title Map

45 CHERRY TREE LANE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 45 CHERRY TREE LANE, 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 45 CHERRY TREE LANE). 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 45 CHERRY TREE LANE?

45 CHERRY TREE LANE is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 45 on CHERRY TREE LANE.