9, LAKE CLOSE, DAGENHAM, RM8 2TE - £425,000

9 LAKE CLOSE is a very small extended detached house of 76m², built sometime between 1996 and 2002. It was last sold for £425,000 in October 2023, which was around 34% below the average October 2023 detached price in the Barking and Dagenham local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

9 LAKE CLOSE Sold Prices

Land registry data shows three sales for 9 LAKE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Barking and Dagenham local authority area for the corresponding sale date. All of the three 9 LAKE 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
2023 17 OCT	£425,000	£639,924	34% below HPI
2003 22 DEC	£186,995	£279,795	33% below HPI
2001 14 DEC	£154,500	£186,231	17% below HPI

9 LAKE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Barking and Dagenham local authority area over time, sourced from the HPI. The three 9 LAKE CLOSE sales between December 2001 and October 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 December 2003 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2023 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 9 LAKE CLOSE?

9 LAKE CLOSE is 76m², which includes two extensions, according to the EPC inspection conducted in March 2023. This puts it in the smallest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 9 LAKE CLOSE lies on this distribution: 6% of detached houses are smaller than 9 LAKE CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in London.

9 LAKE CLOSE: Plot and Title Map

9 LAKE CLOSE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 9 LAKE 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 9 LAKE 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 9 LAKE CLOSE?

9 LAKE CLOSE is located in DAGENHAM, in the RM8 postcode district. The below map shows the position of No. 9 on LAKE CLOSE.