8, MONARCH CLOSE, RAINHAM, RM13 8SQ - £250,000

8 MONARCH CLOSE is a small extended detached house of 100m², built sometime between 1996 and 2002. It was last sold for £250,000 in October 2010, which was around 41% below the average October 2010 detached price in the Havering local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was C.

8 MONARCH CLOSE Sold Prices

Land registry data shows two sales for 8 MONARCH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Havering local authority area for the corresponding sale date. Both of the two 8 MONARCH 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
2010 29 OCT	£250,000	£424,477	41% below HPI
2000 12 MAY	£155,000	£214,968	28% below HPI

8 MONARCH CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Havering local authority area over time, sourced from the HPI. The two 8 MONARCH CLOSE sales from May 2000 and October 2010 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 May 2000 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2010 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 8 MONARCH CLOSE?

8 MONARCH CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in October 2009. This puts it in the smallest 30% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 8 MONARCH CLOSE lies on this distribution: 20% of detached houses are smaller than 8 MONARCH CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in London.

8 MONARCH CLOSE: Plot and Title Map

8 MONARCH CLOSE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 8 MONARCH 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 MONARCH 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 MONARCH CLOSE?

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