PARK HOUSE, LAMBS LANE NORTH, RAINHAM, RM13 9XF - £335,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

PARK HOUSE is a midsized detached house of 101m², built sometime between 1950 and 1966. It was last sold for £335,000 in November 2014, which was around 35% below the average November 2014 detached price in the Havering local authority area. The most recent EPC inspection was August 2022, where the current energy rating was E, and the potential energy rating was B.

PARK HOUSE Sold Prices

Land registry data shows two sales for PARK HOUSE 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 PARK HOUSE 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 7 NOV	£335,000	£518,213	35% below HPI
2009 6 MAR	£249,995	£381,646	34% below HPI

PARK HOUSE 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 PARK HOUSE sales from March 2009 and November 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 March 2009 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the November 2014 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is PARK HOUSE?

PARK HOUSE is 101m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 50% of detached houses in Rainham, based on EPC data. The below chart shows the distribution of detached houses by size in Rainham, and where PARK HOUSE lies on this distribution: 44% of detached houses are smaller than PARK HOUSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Rainham.

PARK HOUSE: Plot and Title Map

PARK HOUSE sits on a plot of roughly 0.142 of an acre, or 574m². The below map shows the location of PARK HOUSE, 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 PARK HOUSE). 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 PARK HOUSE?

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