258, CHERRY TREE LANE, RAINHAM, RM13 8TX - £310,000

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.

258 CHERRY TREE LANE is a very small extended terraced house of 62m², built sometime between 1930 and 1949, which could now be worth an estimated £340,834. It was last sold for £310,000 in May 2022, which was around 22% below the average May 2022 terraced price in the Havering local authority area. The most recent EPC inspection was December 2021, where the current energy rating was E, and the potential energy rating was B.

258 CHERRY TREE LANE Sold Prices

Land registry data shows one sale for 258 CHERRY TREE LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
2022 27 MAY	£310,000	£398,932	22% below HPI

What might 258 CHERRY TREE LANE be worth now?

258 CHERRY TREE LANE might now be worth an estimated £340,834.

This is based on house price inflation of 9.9%, between May 2022 and May 2026, for terraced 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 9.9% inflationary increase is applied to the most recent sale price for 258 CHERRY TREE LANE of £310,000 on 27th May 2022. For the value to have increased from £310,000 to £340,834 over the four years to May 2026, the following assumptions must hold true:

• The value of 258 CHERRY TREE LANE has moved in line with the HPI for terraced houses in the Havering local authority area.
• The May 2022 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 258 CHERRY TREE LANE has not materially changed since May 2022.

How Large is 258 CHERRY TREE LANE?

258 CHERRY TREE LANE is 62m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the smallest 10% of terraced houses in London, based on EPC data. The below chart shows the distribution of terraced houses by size in London, and where 258 CHERRY TREE LANE lies on this distribution: 8% of terraced houses are smaller than 258 CHERRY TREE LANE, and 91% of terraced houses are larger. Note that EPC data is not available for all properties in London.

258 CHERRY TREE LANE: Plot

258 CHERRY TREE LANE sits on a plot of roughly 0.060 of an acre, or 242m².

Where is 258 CHERRY TREE LANE?

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