56, PARSONAGE ROAD, RAINHAM, RM13 9LN - £660,000

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 PARSONAGE ROAD is a very large extended detached house of 150m², built sometime between 1983 and 1990. It was last sold for £660,000 in March 2024, which was around 15% below the average March 2024 detached price in the Havering local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was B.

56 PARSONAGE ROAD Sold Prices

Land registry data shows three sales for 56 PARSONAGE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Havering local authority area for the corresponding sale date. All of the three 56 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
2024 15 MAR	£660,000	£780,439	15% below HPI
2003 2 MAY	£249,995	£341,488	27% below HPI
1998 28 AUG	£132,000	£172,066	23% below HPI

56 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 three 56 PARSONAGE ROAD sales between August 1998 and March 2024 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 May 2003 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2024 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 56 PARSONAGE ROAD?

56 PARSONAGE ROAD is 150m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the largest 20% 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 PARSONAGE ROAD lies on this distribution: 84% of detached houses are smaller than 56 PARSONAGE ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in Rainham.

56 PARSONAGE ROAD: Plot and Title Map

56 PARSONAGE ROAD sits on a plot of roughly 0.199 of an acre, or 805m². The below map shows the location of 56 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 56 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 56 PARSONAGE ROAD?

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