44, LAKEFIELDS CLOSE, RAINHAM, RM13 9SL - £326,000

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.

44 LAKEFIELDS CLOSE is a very small semi-detached house of 69m², built sometime between 1930 and 1949, which could now be worth an estimated £447,947. It was last sold for £326,000 in March 2016, which was around 17% below the average March 2016 semi-detached price in the Havering local authority area. The most recent EPC inspection was January 2016, where the current energy rating was E, and the potential energy rating was C.

44 LAKEFIELDS CLOSE Sold Prices

Land registry data shows four sales for 44 LAKEFIELDS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Havering local authority area for the corresponding sale date. Most of the four 44 LAKEFIELDS 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
2016 30 MAR	£326,000	£391,500	17% below HPI
2013 21 JUN	£225,000	£263,549	15% below HPI
1999 11 FEB	£93,000	£104,971	11% below HPI
1995 17 FEB	£88,500	£80,952	9% above HPI

44 LAKEFIELDS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Havering local authority area over time, sourced from the HPI. The four 44 LAKEFIELDS CLOSE sales between February 1995 and March 2016 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 2013 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2016 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 44 LAKEFIELDS CLOSE be worth now?

44 LAKEFIELDS CLOSE might now be worth an estimated £447,947.

This is based on house price inflation of 37.4%, between March 2016 and April 2026, for semi-detached 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 37.4% inflationary increase is applied to the most recent sale price for 44 LAKEFIELDS CLOSE of £326,000 on 30th March 2016. For the value to have increased from £326,000 to £447,947 over the nine years and eleven months to April 2026, the following assumptions must hold true:

• The value of 44 LAKEFIELDS CLOSE has moved in line with the HPI for semi-detached houses in the Havering local authority area.
• The March 2016 sale price of £326,000 represented a fair market value for the property.
• The size, condition, and specification of 44 LAKEFIELDS CLOSE has not materially changed since March 2016.

How Large is 44 LAKEFIELDS CLOSE?

44 LAKEFIELDS CLOSE is 69m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 10% of semi-detached houses houses in Rainham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Rainham, and where 44 LAKEFIELDS CLOSE lies on this distribution: 10% of semi-detached houses houses are smaller than 44 LAKEFIELDS CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Rainham.

44 LAKEFIELDS CLOSE: Plot and Title Map

44 LAKEFIELDS CLOSE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 44 LAKEFIELDS 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 44 LAKEFIELDS 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 44 LAKEFIELDS CLOSE?

44 LAKEFIELDS CLOSE is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 44 on LAKEFIELDS CLOSE.