PONDEROSA, NEW ROAD, RAINHAM, RM13 9PL - £775,000

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

PONDEROSA is a very large extended detached house of 218m², built sometime between 1967 and 1975. It was last sold for £775,000 in January 2022, which was around 1% above the average January 2022 detached price in the Havering local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was D.

PONDEROSA Sold Prices

Land registry data shows two sales for PONDEROSA 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. One of the two PONDEROSA sales was for above the average price, whilst the other was 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
2022 31 JAN	£775,000	£768,754	1% above HPI
2004 12 MAR	£300,000	£357,533	16% below HPI

PONDEROSA 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 PONDEROSA sales from March 2004 and January 2022 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 2004 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the January 2022 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is PONDEROSA?

PONDEROSA is 218m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the largest 10% of detached houses in Rainham, based on EPC data. The below chart shows the distribution of detached houses by size in Rainham, and where PONDEROSA lies on this distribution: 97% of detached houses are smaller than PONDEROSA, and 3% of houses are larger. Note that EPC data is not available for all properties in Rainham.

PONDEROSA: Plot and Title Map

PONDEROSA sits on a plot of roughly 0.247 of an acre, or 1,000m². The below map shows the location of PONDEROSA, 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 PONDEROSA). 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 PONDEROSA?

PONDEROSA is located on NEW ROAD in RAINHAM, in the RM13 postcode district. The below map shows the position of PONDEROSA on NEW ROAD.