7, FARM ROAD, RAINHAM, RM13 9JU - £375,000

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

7 FARM ROAD is a very large extended detached house of 189m², built sometime between 1950 and 1966. It was last sold for £375,000 in July 2014, which was around 24% below the average July 2014 detached price in the Havering local authority area. The most recent EPC inspection was September 2012, where the current energy rating was E, and the potential energy rating was C.

7 FARM ROAD Sold Prices

Land registry data shows two sales for 7 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. One of the two 7 FARM ROAD sales was for below the average price, whilst the other was for above 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
2014 25 JUL	£375,000	£490,753	24% below HPI
1998 29 JAN	£170,000	£160,909	6% above HPI

7 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 7 FARM ROAD sales from January 1998 and July 2014 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 January 1998 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the July 2014 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 7 FARM ROAD?

7 FARM ROAD is 189m², which includes two extensions, according to the EPC inspection conducted in September 2012. This puts it in the largest 10% of detached houses in Rainham, based on EPC data. The below chart shows the distribution of detached houses by size in Rainham, and where 7 FARM ROAD lies on this distribution: 94% of detached houses are smaller than 7 FARM ROAD, and 6% of houses are larger. Note that EPC data is not available for all properties in Rainham.

7 FARM ROAD: Plot and Title Map

7 FARM ROAD sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 7 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 7 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 7 FARM ROAD?

7 FARM ROAD is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 7 on FARM ROAD.