8, CARDINAL WAY, RAINHAM, RM13 9RB - £425,000

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.

8 CARDINAL WAY is a very small terraced house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £504,166. It was last sold for £425,000 in March 2021, which was around 16% above the average March 2021 terraced price in the Havering local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

8 CARDINAL WAY Sold Prices

Land registry data shows three sales for 8 CARDINAL 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 Havering local authority area for the corresponding sale date. One of the three 8 CARDINAL WAY sales was for above the average price, whilst two 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
2021 11 MAR	£425,000	£366,027	16% above HPI
2017 3 FEB	£325,000	£336,565	3% below HPI
2007 10 DEC	£190,000	£227,299	16% below HPI

8 CARDINAL WAY 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 three 8 CARDINAL WAY sales between December 2007 and March 2021 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 2017 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the March 2021 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 8 CARDINAL WAY be worth now?

8 CARDINAL WAY might now be worth an estimated £504,166.

This is based on house price inflation of 18.6%, between March 2021 and April 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 18.6% inflationary increase is applied to the most recent sale price for 8 CARDINAL WAY of £425,000 on 11th March 2021. For the value to have increased from £425,000 to £504,166 over the four years and eleven months to April 2026, the following assumptions must hold true:

• The value of 8 CARDINAL WAY has moved in line with the HPI for terraced houses in the Havering local authority area.
• The March 2021 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CARDINAL WAY has not materially changed since March 2021.

How Large is 8 CARDINAL WAY?

8 CARDINAL WAY is 77m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 20% of terraced houses houses in Rainham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Rainham, and where 8 CARDINAL WAY lies on this distribution: 15% of terraced houses houses are smaller than 8 CARDINAL WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Rainham.

8 CARDINAL WAY: Plot and Title Map

8 CARDINAL WAY sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of 8 CARDINAL 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 8 CARDINAL 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 8 CARDINAL WAY?

8 CARDINAL WAY is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 8 on CARDINAL WAY.