6, SPRING FARM CLOSE, RAINHAM, RM13 9RU - £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

6 SPRING FARM CLOSE is a large extended detached house of 118m², built sometime between 1983 and 1990. It was last sold for £250,000 in February 2002, which was around 6% below the average February 2002 detached price in the Havering local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

6 SPRING FARM CLOSE Sold Prices

Land registry data shows two sales for 6 SPRING FARM CLOSE 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 6 SPRING FARM CLOSE 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
2002 22 FEB	£250,000	£264,630	6% below HPI
1995 28 APR	£127,000	£133,125	5% below HPI

6 SPRING FARM CLOSE 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 6 SPRING FARM CLOSE sales from April 1995 and February 2002 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 April 1995 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2002 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 6 SPRING FARM CLOSE?

6 SPRING FARM CLOSE is 118m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the largest 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 6 SPRING FARM CLOSE lies on this distribution: 63% of detached houses are smaller than 6 SPRING FARM CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Rainham.

6 SPRING FARM CLOSE: Plot and Title Map

6 SPRING FARM CLOSE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 6 SPRING FARM CLOSE, 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 6 SPRING FARM CLOSE). 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 6 SPRING FARM CLOSE?

6 SPRING FARM CLOSE is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 6 on SPRING FARM CLOSE.