167, FORD LANE, RAINHAM, RM13 7BA - £335,000

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.

167 FORD LANE is a very small terraced house of 78m², built sometime between 1930 and 1949, which could now be worth an estimated £412,146. It was last sold for £335,000 in October 2018, which was around 6% below the average October 2018 terraced price in the Havering local authority area. The most recent EPC inspection was April 2012, where the current energy rating was E, and the potential energy rating was B.

167 FORD LANE Sold Prices

Land registry data shows four sales for 167 FORD LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Havering local authority area for the corresponding sale date. All of the four 167 FORD LANE 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
2018 24 OCT	£335,000	£356,511	6% below HPI
2013 12 FEB	£186,000	£209,975	11% below HPI
2001 14 DEC	£114,000	£119,388	5% below HPI
1999 26 MAR	£68,000	£81,196	16% below HPI

167 FORD LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Havering local authority area over time, sourced from the HPI. The four 167 FORD LANE sales between March 1999 and October 2018 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 February 2013 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2018 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 167 FORD LANE be worth now?

167 FORD LANE might now be worth an estimated £412,146.

This is based on house price inflation of 23%, between October 2018 and May 2026, for terraced houses, in the Havering local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23% inflationary increase is applied to the most recent sale price for 167 FORD LANE of £335,000 on 24th October 2018. For the value to have increased from £335,000 to £412,146 over the eight years and five months to May 2026, the following assumptions must hold true:

• The value of 167 FORD LANE has moved in line with the HPI for terraced houses in the Havering local authority area.
• The October 2018 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 167 FORD LANE has not materially changed since October 2018.

How Large is 167 FORD LANE?

167 FORD LANE is 78m² according to the EPC inspection conducted in April 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 167 FORD LANE lies on this distribution: 6% of terraced houses houses are smaller than 167 FORD LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in London.

167 FORD LANE: Plot and Title Map

167 FORD LANE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 167 FORD LANE, 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 167 FORD LANE). 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 167 FORD LANE?

167 FORD LANE is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 167 on FORD LANE.