15, SPINNEY CLOSE, RAINHAM, RM13 8LR - £510,000

15 SPINNEY CLOSE is a small extended detached house of 109m², built sometime between 1983 and 1990. It was last sold for £510,000 in November 2020, which was around 29% below the average November 2020 detached price in the Havering local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

15 SPINNEY CLOSE Sold Prices

Land registry data shows three sales for 15 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 15 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
2020 3 NOV	£510,000	£715,942	29% below HPI
2017 19 JUN	£435,000	£666,406	35% below HPI
1996 5 AUG	£106,000	£135,591	22% below HPI

15 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 15 SPINNEY CLOSE sales between August 1996 and November 2020 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 June 2017 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2020 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 15 SPINNEY CLOSE?

15 SPINNEY CLOSE is 109m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 30% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 15 SPINNEY CLOSE lies on this distribution: 26% of detached houses are smaller than 15 SPINNEY CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in London.

15 SPINNEY CLOSE: Plot and Title Map

15 SPINNEY CLOSE sits on a plot of roughly 0.066 of an acre, or 265m². The below map shows the location of 15 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 15 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 15 SPINNEY CLOSE?

15 SPINNEY CLOSE is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 15 on SPINNEY CLOSE.