119, CHERRY TREE LANE, RAINHAM, RM13 8TT - £346,000

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.

119 CHERRY TREE LANE is a large extended semi-detached house of 117m², built sometime between 1950 and 1966, which could now be worth an estimated £426,948. It was last sold for £346,000 in August 2018, which was around 22% below the average August 2018 semi-detached price in the Havering local authority area. The most recent EPC inspection was February 2018, where the current energy rating was E, and the potential energy rating was C.

119 CHERRY TREE LANE Sold Prices

Land registry data shows one sale for 119 CHERRY TREE LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Havering local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 24 AUG	£346,000	£442,397	22% below HPI

What might 119 CHERRY TREE LANE be worth now?

119 CHERRY TREE LANE might now be worth an estimated £426,948.

This is based on house price inflation of 23.4%, between August 2018 and May 2026, for semi-detached 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 23.4% inflationary increase is applied to the most recent sale price for 119 CHERRY TREE LANE of £346,000 on 24th August 2018. For the value to have increased from £346,000 to £426,948 over the eight years and three months to May 2026, the following assumptions must hold true:

• The value of 119 CHERRY TREE LANE has moved in line with the HPI for semi-detached houses in the Havering local authority area.
• The August 2018 sale price of £346,000 represented a fair market value for the property.
• The size, condition, and specification of 119 CHERRY TREE LANE has not materially changed since August 2018.

How Large is 119 CHERRY TREE LANE?

119 CHERRY TREE LANE is 117m², which includes two extensions, according to the EPC inspection conducted in February 2018. This puts it in the largest 40% of semi-detached houses in London, based on EPC data. The below chart shows the distribution of semi-detached houses by size in London, and where 119 CHERRY TREE LANE lies on this distribution: 64% of semi-detached houses are smaller than 119 CHERRY TREE LANE, and 35% of semi-detached houses are larger. Note that EPC data is not available for all properties in London.

119 CHERRY TREE LANE: Plot

119 CHERRY TREE LANE sits on a plot of roughly 0.104 of an acre, or 420m².

Where is 119 CHERRY TREE LANE?

119 CHERRY TREE LANE is located in RAINHAM, in the RM13 postcode district.