53, SPENCER ROAD, RAINHAM, RM13 8HD - £235,000

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

53 SPENCER ROAD is a very small extended detached house of 53m², built sometime between 1930 and 1949. It was last sold for £235,000 in January 2015, which was around 55% below the average January 2015 detached price in the Havering local authority area. The most recent EPC inspection was October 2023, where the current energy rating was E, and the potential energy rating was B.

53 SPENCER ROAD Sold Prices

Land registry data shows two sales for 53 SPENCER 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 53 SPENCER 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
2015 26 JAN	£235,000	£525,413	55% below HPI
1999 28 JAN	£80,000	£176,947	55% below HPI

53 SPENCER 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 53 SPENCER ROAD sales from January 1999 and January 2015 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 January 1999 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the January 2015 sale, which was also at 55% below the HPI.

How Large is 53 SPENCER ROAD?

53 SPENCER ROAD is 53m², which includes one extension, according to the EPC inspection conducted in October 2023. 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 53 SPENCER ROAD lies on this distribution: 1% of detached houses are smaller than 53 SPENCER ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in London.

53 SPENCER ROAD: Plot and Title Map

53 SPENCER ROAD sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of 53 SPENCER 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 53 SPENCER 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 53 SPENCER ROAD?

53 SPENCER ROAD is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 53 on SPENCER ROAD.