59, PARSONAGE ROAD, RAINHAM, RM13 9LN - £650,000

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

59 PARSONAGE ROAD is a very large detached house of 160m², built sometime between 1930 and 1949. It was last sold for £650,000 in September 2023, which was around 19% below the average September 2023 detached price in the Havering local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

59 PARSONAGE ROAD Sold Prices

Land registry data shows two sales for 59 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 59 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
2023 22 SEP	£650,000	£801,423	19% below HPI
1997 21 FEB	£61,000	£142,609	57% below HPI

59 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 59 PARSONAGE ROAD sales from February 1997 and September 2023 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 February 1997 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the September 2023 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 59 PARSONAGE ROAD?

59 PARSONAGE ROAD is 160m² according to the EPC inspection conducted in July 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 59 PARSONAGE ROAD lies on this distribution: 88% of detached houses are smaller than 59 PARSONAGE ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Rainham.

59 PARSONAGE ROAD: Plot and Title Map

59 PARSONAGE ROAD sits on a plot of roughly 0.386 of an acre, or 1,561m². The below map shows the location of 59 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 59 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 59 PARSONAGE ROAD?

59 PARSONAGE ROAD is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 59 on PARSONAGE ROAD.