47, PHILIP ROAD, RAINHAM, RM13 8LU - £227,000

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

47 PHILIP ROAD is a very small detached house of 75m², built sometime between 1930 and 1949. It was last sold for £227,000 in December 2011, which was around 46% below the average December 2011 detached price in the Havering local authority area. The most recent EPC inspection was July 2010, where the current energy rating was E, and the potential energy rating was E.

47 PHILIP ROAD Sold Prices

Land registry data shows two sales for 47 PHILIP 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 47 PHILIP 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
2011 20 DEC	£227,000	£423,849	46% below HPI
1995 15 SEP	£69,000	£131,861	48% below HPI

47 PHILIP 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 47 PHILIP ROAD sales from September 1995 and December 2011 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 September 1995 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the December 2011 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 47 PHILIP ROAD?

47 PHILIP ROAD is 75m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 47 PHILIP ROAD lies on this distribution: 6% of detached houses are smaller than 47 PHILIP ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in London.

47 PHILIP ROAD: Plot and Title Map

47 PHILIP ROAD sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 47 PHILIP 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 47 PHILIP 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 47 PHILIP ROAD?

47 PHILIP ROAD is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 47 on PHILIP ROAD.