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

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

FINLEY is a large extended detached house of 135m², built sometime between 1950 and 1966. It was last sold for £368,000 in March 2014, which was around 21% 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	£463,948	21% below HPI
2011 21 JAN	£209,995	£412,651	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 21% below the HPI. The line then continues to track at 21% below the HPI.

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 in Rainham, based on EPC data. The below chart shows the distribution of detached houses by size in Rainham, and where FINLEY lies on this distribution: 75% of detached houses are smaller than FINLEY, and 24% 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.