45, FARM ROAD, RAINHAM, RM13 9LG - £640,000

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

45 FARM ROAD is a very large extended detached house of 179m², built sometime between 1967 and 1975. It was last sold for £640,000 in November 2021, which was around 16% below the average November 2021 detached price in the Havering local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

45 FARM ROAD Sold Prices

Land registry data shows two sales for 45 FARM ROAD 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 45 FARM 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
2021 26 NOV	£640,000	£761,293	16% below HPI
2003 11 JUL	£325,000	£341,492	5% below HPI

45 FARM ROAD 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 45 FARM ROAD sales from July 2003 and November 2021 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 July 2003 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2021 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 45 FARM ROAD?

45 FARM ROAD is 179m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the largest 10% of detached houses in Rainham, based on EPC data. The below chart shows the distribution of detached houses by size in Rainham, and where 45 FARM ROAD lies on this distribution: 91% of detached houses are smaller than 45 FARM ROAD, and 9% of houses are larger. Note that EPC data is not available for all properties in Rainham.

45 FARM ROAD: Plot and Title Map

45 FARM ROAD sits on a plot of roughly 0.176 of an acre, or 712m². The below map shows the location of 45 FARM 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 45 FARM 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 45 FARM ROAD?

45 FARM ROAD is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 45 on FARM ROAD.