11, SPINNEY CLOSE, RAINHAM, RM13 8LR - £550,000

11 SPINNEY CLOSE is a small extended detached house of 115m², built sometime between 1991 and 1995. It was last sold for £550,000 in December 2022, which was around 35% below the average December 2022 detached price in the Havering local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

11 SPINNEY CLOSE Sold Prices

Land registry data shows three sales for 11 SPINNEY CLOSE 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 11 SPINNEY CLOSE 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
2022 2 DEC	£550,000	£850,906	35% below HPI
2014 29 MAY	£450,000	£478,454	6% below HPI
2007 6 NOV	£355,000	£441,636	20% below HPI

11 SPINNEY CLOSE 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 11 SPINNEY CLOSE sales between November 2007 and December 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 May 2014 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2022 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 11 SPINNEY CLOSE?

11 SPINNEY CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 11 SPINNEY CLOSE lies on this distribution: 31% of detached houses are smaller than 11 SPINNEY CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in London.

11 SPINNEY CLOSE: Plot and Title Map

11 SPINNEY CLOSE sits on a plot of roughly 0.150 of an acre, or 609m². The below map shows the location of 11 SPINNEY 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 SPINNEY 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 SPINNEY CLOSE?

11 SPINNEY CLOSE is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 11 on SPINNEY CLOSE.