8, GUYSFIELD CLOSE, RAINHAM, RM13 7AP - £213,000

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 GUYSFIELD CLOSE is a very small extended terraced house of 84m², built sometime between 1930 and 1949, which could now be worth an estimated £449,234. It was last sold for £213,000 in August 2011, which was around 2% above the average August 2011 terraced price in the Havering local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was C.

8 GUYSFIELD CLOSE Sold Prices

Land registry data shows three sales for 8 GUYSFIELD CLOSE 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. All of the three 8 GUYSFIELD CLOSE sales were 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
2011 1 AUG	£213,000	£207,963	2% above HPI
2003 31 JAN	£174,995	£154,347	13% above HPI
1998 27 FEB	£79,995	£76,022	5% above HPI

8 GUYSFIELD CLOSE 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 GUYSFIELD CLOSE sales between February 1998 and August 2011 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 January 2003 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the August 2011 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 8 GUYSFIELD CLOSE be worth now?

8 GUYSFIELD CLOSE might now be worth an estimated £449,234.

This is based on house price inflation of 110.9%, between August 2011 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 110.9% inflationary increase is applied to the most recent sale price for 8 GUYSFIELD CLOSE of £213,000 on 1st August 2011. For the value to have increased from £213,000 to £449,234 over the fifteen years and three months to May 2026, the following assumptions must hold true:

• The value of 8 GUYSFIELD CLOSE has moved in line with the HPI for terraced houses in the Havering local authority area.
• The August 2011 sale price of £213,000 represented a fair market value for the property.
• The size, condition, and specification of 8 GUYSFIELD CLOSE has not materially changed since August 2011.

How Large is 8 GUYSFIELD CLOSE?

8 GUYSFIELD CLOSE is 84m², which includes one extension, according to the EPC inspection conducted in March 2014. 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 8 GUYSFIELD CLOSE lies on this distribution: 9% of terraced houses houses are smaller than 8 GUYSFIELD CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in London.

8 GUYSFIELD CLOSE: Plot and Title Map

8 GUYSFIELD CLOSE sits on a plot of roughly 0.038 of an acre, or 154m². The below map shows the location of 8 GUYSFIELD 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 8 GUYSFIELD 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 8 GUYSFIELD CLOSE?

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