73, PHILIP ROAD, RAINHAM, RM13 8LU - £195,000

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

73 PHILIP ROAD is a very small detached house of 63m², built sometime between 1967 and 1975. It was last sold for £195,000 in July 2009, which was around 48% below the average July 2009 detached price in the Havering local authority area. The most recent EPC inspection was January 2009, where the current energy rating was E, and the potential energy rating was C.

73 PHILIP ROAD Sold Prices

Land registry data shows two sales for 73 PHILIP 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 73 PHILIP 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
2009 1 JUL	£195,000	£371,509	48% below HPI
1997 21 AUG	£82,500	£151,212	45% below HPI

73 PHILIP 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 73 PHILIP ROAD sales from August 1997 and July 2009 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 1997 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the July 2009 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 73 PHILIP ROAD?

73 PHILIP ROAD is 63m² according to the EPC inspection conducted in January 2009. This puts it in the smallest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 73 PHILIP ROAD lies on this distribution: 2% of detached houses are smaller than 73 PHILIP ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in London.

73 PHILIP ROAD: Plot and Title Map

73 PHILIP ROAD sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 73 PHILIP 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 73 PHILIP 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 73 PHILIP ROAD?

73 PHILIP ROAD is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 73 on PHILIP ROAD.