56, FAIRVIEW AVENUE, RAINHAM, RM13 9RP - £250,000

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

56 FAIRVIEW AVENUE is a small extended detached house of 92m², built sometime between 1930 and 1949. It was last sold for £250,000 in August 2011, which was around 40% below the average August 2011 detached price in the Havering local authority area. The most recent EPC inspection was June 2011, where the current energy rating was E, and the potential energy rating was D.

56 FAIRVIEW AVENUE Sold Prices

Land registry data shows two sales for 56 FAIRVIEW AVENUE 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 56 FAIRVIEW AVENUE 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 12 AUG	£250,000	£413,631	40% below HPI
2010 24 SEP	£85,000	£423,578	80% below HPI

56 FAIRVIEW AVENUE 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 56 FAIRVIEW AVENUE sales from September 2010 and August 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 2010 sale was for 80% below the HPI. So the extrapolation line tracks at 80% below the HPI over time, until the August 2011 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 56 FAIRVIEW AVENUE?

56 FAIRVIEW AVENUE is 92m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the smallest 40% of detached houses in Rainham, based on EPC data. The below chart shows the distribution of detached houses by size in Rainham, and where 56 FAIRVIEW AVENUE lies on this distribution: 32% of detached houses are smaller than 56 FAIRVIEW AVENUE, and 68% of houses are larger. Note that EPC data is not available for all properties in Rainham.

56 FAIRVIEW AVENUE: Plot and Title Map

56 FAIRVIEW AVENUE sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of 56 FAIRVIEW AVENUE, 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 56 FAIRVIEW AVENUE). 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 56 FAIRVIEW AVENUE?

56 FAIRVIEW AVENUE is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 56 on FAIRVIEW AVENUE.