53, LAWES WAY, BARKING, IG11 0PB - £365,000

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.

53 LAWES WAY is a small terraced house of 87m², built sometime from 2012 onwards, which could now be worth an estimated £379,736. It was last sold for £365,000 in June 2023, which was around 2% below the average June 2023 terraced price in the Barking and Dagenham local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was C.

53 LAWES WAY Sold Prices

Land registry data shows three sales for 53 LAWES WAY 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. Two of the three 53 LAWES WAY sales were for below the average price, whilst one was for 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
2023 21 JUN	£365,000	£373,403	2% below HPI
2014 31 MAR	£225,000	£205,718	9% above HPI
2012 16 NOV	£168,500	£180,951	7% below HPI

53 LAWES WAY 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 53 LAWES WAY sales between November 2012 and June 2023 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 March 2014 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the June 2023 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 53 LAWES WAY be worth now?

53 LAWES WAY might now be worth an estimated £379,736.

This is based on house price inflation of 4%, between June 2023 and June 2025, 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 4% inflationary increase is applied to the most recent sale price for 53 LAWES WAY of £365,000 on 21st June 2023. For the value to have increased from £365,000 to £379,736 over the two years to June 2025, the following assumptions must hold true:

• The value of 53 LAWES WAY has moved in line with the HPI for terraced houses in the Barking and Dagenham local authority area.
• The June 2023 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 53 LAWES WAY has not materially changed since June 2023.

How Large is 53 LAWES WAY?

53 LAWES WAY is 87m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 20% of terraced houses houses in Barking, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Barking, and where 53 LAWES WAY lies on this distribution: 20% of terraced houses houses are smaller than 53 LAWES WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Barking.

53 LAWES WAY: Plot and Title Map

53 LAWES WAY sits on a plot of roughly 39.8 acres, or 160,960m². The below map shows the location of 53 LAWES WAY, 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 53 LAWES WAY). 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 53 LAWES WAY?

53 LAWES WAY is located in BARKING, in the IG11 postcode district. The below map shows the position of No. 53 on LAWES WAY.