FINLEY, LAMBS LANE NORTH, RAINHAM, RM13 9XF - £368,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FINLEY is a large extended detached house of 135m², built sometime between 1950 and 1966, which could now be worth an estimated £657,270. It was last sold for £368,000 in March 2014, which was around 20% below the average March 2014 detached price in the Havering local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was C.

FINLEY Sold Prices

Land registry data shows two sales for FINLEY 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 FINLEY 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 13 MAR	£368,000	£459,061	20% below HPI
2011 21 JAN	£209,995	£408,305	49% below HPI

FINLEY 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 FINLEY sales from January 2011 and March 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 2011 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the March 2014 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might FINLEY be worth now?

FINLEY might now be worth an estimated £657,270.

This is based on house price inflation of 78.6%, between March 2014 and February 2025, for detached houses, in the Havering local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 78.6% inflationary increase is applied to the most recent sale price for FINLEY of £368,000 on 13th March 2014. For the value to have increased from £368,000 to £657,270 over the eleven years and one month to February 2025, the following assumptions must hold true:

• The value of FINLEY has moved in line with the HPI for detached houses in the Havering local authority area.
• The March 2014 sale price of £368,000 represented a fair market value for the property.
• The size, condition, and specification of FINLEY has not materially changed since March 2014.

How Large is FINLEY?

FINLEY is 135m², which includes two extensions, according to the EPC inspection conducted in November 2013. This puts it in the largest 30% of detached houses houses in Rainham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rainham, and where FINLEY lies on this distribution: 74% of detached houses houses are smaller than FINLEY, and 26% of houses are larger. Note that EPC data is not available for all properties in Rainham.

FINLEY: Plot and Title Map

FINLEY sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of FINLEY, 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 FINLEY). 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 FINLEY?

FINLEY is located on LAMBS LANE NORTH in RAINHAM, in the RM13 postcode district. The below map shows the position of FINLEY on LAMBS LANE NORTH.