WANTZ HOUSE, LAMBS LANE NORTH, RAINHAM, RM13 9XF - £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

WANTZ HOUSE is a large extended detached house of 128m², built sometime between 1967 and 1975. It was last sold for £250,000 in May 2007, which was around 40% below the average May 2007 detached price in the Havering local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

WANTZ HOUSE Sold Prices

Land registry data shows three sales for WANTZ HOUSE 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 WANTZ 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
2007 22 MAY	£250,000	£417,097	40% below HPI
2004 30 JAN	£248,000	£347,845	29% below HPI
2001 30 APR	£164,500	£238,103	31% below HPI

WANTZ 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 three WANTZ HOUSE sales between April 2001 and May 2007 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 2004 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2007 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is WANTZ HOUSE?

WANTZ HOUSE is 128m², which includes one extension, according to the EPC inspection conducted in January 2018. 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 WANTZ HOUSE lies on this distribution: 72% of detached houses are smaller than WANTZ HOUSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Rainham.

WANTZ HOUSE: Plot and Title Map

WANTZ HOUSE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of WANTZ 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 WANTZ 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 WANTZ HOUSE?

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