11, LAKE CLOSE, DAGENHAM, RM8 2TE - £172,000

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.

11 LAKE CLOSE is a very small terraced house of 63m², built sometime between 1996 and 2002, which could now be worth an estimated £367,094. It was last sold for £172,000 in February 2013, which was around 7% below the average February 2013 terraced price in the Barking and Dagenham local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.

11 LAKE CLOSE Sold Prices

Land registry data shows three sales for 11 LAKE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Barking and Dagenham local authority area for the corresponding sale date. The three 11 LAKE CLOSE sales were a mix of below the average price, roughly equal to the average price, and above 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
2013 12 FEB	£172,000	£184,077	7% below HPI
2004 16 APR	£161,000	£161,300	Close to HPI
2001 14 DEC	£120,363	£101,585	18% above HPI

11 LAKE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Barking and Dagenham local authority area over time, sourced from the HPI. The three 11 LAKE CLOSE sales between December 2001 and February 2013 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 April 2004 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2013 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 11 LAKE CLOSE be worth now?

11 LAKE CLOSE might now be worth an estimated £367,094.

This is based on house price inflation of 113.4%, between February 2013 and April 2026, for terraced houses, in the Barking and Dagenham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 113.4% inflationary increase is applied to the most recent sale price for 11 LAKE CLOSE of £172,000 on 12th February 2013. For the value to have increased from £172,000 to £367,094 over the twelve years and ten months to April 2026, the following assumptions must hold true:

• The value of 11 LAKE CLOSE has moved in line with the HPI for terraced houses in the Barking and Dagenham local authority area.
• The February 2013 sale price of £172,000 represented a fair market value for the property.
• The size, condition, and specification of 11 LAKE CLOSE has not materially changed since February 2013.

How Large is 11 LAKE CLOSE?

11 LAKE CLOSE is 63m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 10% of terraced houses houses in London, based on EPC data. The below chart shows the distribution of terraced houses houses by size in London, and where 11 LAKE CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 11 LAKE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in London.

11 LAKE CLOSE: Plot and Title Map

11 LAKE CLOSE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 11 LAKE CLOSE, 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 11 LAKE CLOSE). 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 11 LAKE CLOSE?

11 LAKE CLOSE is located in DAGENHAM, in the RM8 postcode district. The below map shows the position of No. 11 on LAKE CLOSE.