157, CHERRY TREE LANE, RAINHAM, RM13 8TT - £355,000

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.

157 CHERRY TREE LANE is a very small semi-detached house of 78m², built sometime between 1930 and 1949, which could now be worth an estimated £453,669. It was last sold for £355,000 in July 2017, which was around 17% below the average July 2017 semi-detached price in the Havering local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

157 CHERRY TREE LANE Sold Prices

Land registry data shows one sale for 157 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
2017 6 JUL	£355,000	£427,169	17% below HPI

What might 157 CHERRY TREE LANE be worth now?

157 CHERRY TREE LANE might now be worth an estimated £453,669.

This is based on house price inflation of 27.8%, between July 2017 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 27.8% inflationary increase is applied to the most recent sale price for 157 CHERRY TREE LANE of £355,000 on 6th July 2017. For the value to have increased from £355,000 to £453,669 over the nine years and two months to May 2026, the following assumptions must hold true:

• The value of 157 CHERRY TREE LANE has moved in line with the HPI for semi-detached houses in the Havering local authority area.
• The July 2017 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 157 CHERRY TREE LANE has not materially changed since July 2017.

How Large is 157 CHERRY TREE LANE?

157 CHERRY TREE LANE is 78m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 20% 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 157 CHERRY TREE LANE lies on this distribution: 15% of semi-detached houses are smaller than 157 CHERRY TREE LANE, and 84% of semi-detached houses are larger. Note that EPC data is not available for all properties in London.

157 CHERRY TREE LANE: Plot

157 CHERRY TREE LANE sits on a plot of roughly 0.082 of an acre, or 330m².

Where is 157 CHERRY TREE LANE?

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