62, FARM ROAD, RAINHAM, RM13 9LQ - £510,000

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

62 FARM ROAD is a midsized detached house of 106m², built sometime between 1996 and 2002. It was last sold for £510,000 in February 2022, which was around 34% below the average February 2022 detached price in the Havering local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

62 FARM ROAD Sold Prices

Land registry data shows two sales for 62 FARM 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 62 FARM 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
2022 25 FEB	£510,000	£770,714	34% below HPI
2017 28 NOV	£385,000	£692,052	44% below HPI

62 FARM 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 62 FARM ROAD sales from November 2017 and February 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 November 2017 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the February 2022 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 62 FARM ROAD?

62 FARM ROAD is 106m² according to the EPC inspection conducted in September 2017. This puts it in the largest 50% of detached houses in Rainham, based on EPC data. The below chart shows the distribution of detached houses by size in Rainham, and where 62 FARM ROAD lies on this distribution: 50% of detached houses are smaller than 62 FARM ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in Rainham.

62 FARM ROAD: Plot and Title Map

62 FARM ROAD sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of 62 FARM 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 62 FARM 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 62 FARM ROAD?

62 FARM ROAD is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 62 on FARM ROAD.