58, LAKE AVENUE, RAINHAM, RM13 9SH - £605,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

58 LAKE AVENUE is a very large extended detached house of 156m², built sometime between 1930 and 1949, which could now be worth an estimated £647,195. It was last sold for £605,000 in March 2022, which was around 21% below the average March 2022 detached price in the Havering local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

58 LAKE AVENUE Sold Prices

Land registry data shows three sales for 58 LAKE AVENUE 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 58 LAKE 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
2022 30 MAR	£605,000	£766,454	21% below HPI
2016 4 AUG	£383,000	£653,803	41% below HPI
2007 5 JAN	£320,000	£387,542	17% below HPI

58 LAKE 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 three 58 LAKE AVENUE sales between January 2007 and March 2022 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 August 2016 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the March 2022 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 58 LAKE AVENUE be worth now?

58 LAKE AVENUE might now be worth an estimated £647,195.

This is based on house price inflation of 7%, between March 2022 and February 2025, for detached houses, in the Havering local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7% inflationary increase is applied to the most recent sale price for 58 LAKE AVENUE of £605,000 on 30th March 2022. For the value to have increased from £605,000 to £647,195 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 58 LAKE AVENUE has moved in line with the HPI for detached houses in the Havering local authority area.
• The March 2022 sale price of £605,000 represented a fair market value for the property.
• The size, condition, and specification of 58 LAKE AVENUE has not materially changed since March 2022.

How Large is 58 LAKE AVENUE?

58 LAKE AVENUE is 156m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the largest 20% of detached houses houses in Rainham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rainham, and where 58 LAKE AVENUE lies on this distribution: 85% of detached houses houses are smaller than 58 LAKE AVENUE, and 15% of houses are larger. Note that EPC data is not available for all properties in Rainham.

58 LAKE AVENUE: Plot and Title Map

58 LAKE AVENUE sits on a plot of roughly 0.172 of an acre, or 697m². The below map shows the location of 58 LAKE 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 58 LAKE 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 58 LAKE AVENUE?

58 LAKE AVENUE is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 58 on LAKE AVENUE.