177, CHERRY TREE LANE, RAINHAM, RM13 8TU - £227,000

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.

177 CHERRY TREE LANE is a very small detached house of 99m², built sometime between 1930 and 1949, which could now be worth an estimated £353,633. It was last sold for £227,000 in July 2015, which was around 58% below the average July 2015 detached price in the Havering local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was C.

177 CHERRY TREE LANE Sold Prices

Land registry data shows one sale for 177 CHERRY TREE LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average 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
2015 24 JUL	£227,000	£543,325	58% below HPI

What might 177 CHERRY TREE LANE be worth now?

177 CHERRY TREE LANE might now be worth an estimated £353,633.

This is based on house price inflation of 55.8%, between July 2015 and May 2026, for 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 55.8% inflationary increase is applied to the most recent sale price for 177 CHERRY TREE LANE of £227,000 on 24th July 2015. For the value to have increased from £227,000 to £353,633 over the eleven years and two months to May 2026, the following assumptions must hold true:

• The value of 177 CHERRY TREE LANE has moved in line with the HPI for detached houses in the Havering local authority area.
• The July 2015 sale price of £227,000 represented a fair market value for the property.
• The size, condition, and specification of 177 CHERRY TREE LANE has not materially changed since July 2015.

How Large is 177 CHERRY TREE LANE?

177 CHERRY TREE LANE is 99m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 177 CHERRY TREE LANE lies on this distribution: 18% of detached houses are smaller than 177 CHERRY TREE LANE, and 81% of detached houses are larger. Note that EPC data is not available for all properties in London.

177 CHERRY TREE LANE: Plot

177 CHERRY TREE LANE sits on a plot of roughly 0.093 of an acre, or 375m².

Where is 177 CHERRY TREE LANE?

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