48, PARSONAGE ROAD, RAINHAM, RM13 9LN - £89,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

48 PARSONAGE ROAD is a very small extended semi-detached house of 68m², built sometime between 1930 and 1949. It was last sold for £89,000 in March 1998, which was around 45% below the average March 1998 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 C.

48 PARSONAGE ROAD Sold Prices

Land registry data shows two sales for 48 PARSONAGE 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 48 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
1998 31 MAR	£89,000	£162,904	45% below HPI
1995 11 JUL	£69,750	£132,133	47% below HPI

48 PARSONAGE 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 48 PARSONAGE ROAD sales from July 1995 and March 1998 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 1995 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the March 1998 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 48 PARSONAGE ROAD?

48 PARSONAGE ROAD is 68m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 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 48 PARSONAGE ROAD lies on this distribution: 9% of detached houses are smaller than 48 PARSONAGE ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Rainham.

48 PARSONAGE ROAD: Plot and Title Map

48 PARSONAGE ROAD sits on a plot of roughly 0.093 of an acre, or 374m². The below map shows the location of 48 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 48 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.

Where is 48 PARSONAGE ROAD?

48 PARSONAGE ROAD is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 48 on PARSONAGE ROAD.