98, MELVILLE ROAD, RAINHAM, RM13 9TZ - £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

98 MELVILLE ROAD is a large extended detached house of 140m², built sometime between 1930 and 1949. It was last sold for £250,000 in January 2014, which was around 44% below the average January 2014 detached price in the Havering local authority area. The most recent EPC inspection was August 2010, where the current energy rating was E, and the potential energy rating was D.

98 MELVILLE ROAD Sold Prices

Land registry data shows three sales for 98 MELVILLE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Havering local authority area for the corresponding sale date. All of the three 98 MELVILLE 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
2014 24 JAN	£250,000	£449,389	44% below HPI
2003 30 JUN	£205,000	£339,881	40% below HPI
2000 8 DEC	£130,000	£233,509	44% below HPI

98 MELVILLE 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 three 98 MELVILLE ROAD sales between December 2000 and January 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 June 2003 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the January 2014 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 98 MELVILLE ROAD?

98 MELVILLE ROAD is 140m², which includes two extensions, according to the EPC inspection conducted in August 2010. This puts it in the largest 30% of detached houses in Rainham, based on EPC data. The below chart shows the distribution of detached houses by size in Rainham, and where 98 MELVILLE ROAD lies on this distribution: 78% of detached houses are smaller than 98 MELVILLE ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Rainham.

98 MELVILLE ROAD: Plot and Title Map

98 MELVILLE ROAD sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 98 MELVILLE 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 98 MELVILLE 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 98 MELVILLE ROAD?

98 MELVILLE ROAD is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 98 on MELVILLE ROAD.