5, SPRING FARM CLOSE, RAINHAM, RM13 9RU - £375,000

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.

5 SPRING FARM CLOSE is a midsized extended detached house of 108m², built sometime between 1983 and 1990, which could now be worth an estimated £619,991. It was last sold for £375,000 in October 2014, which was around 27% below the average October 2014 detached price in the Havering local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

5 SPRING FARM CLOSE Sold Prices

Land registry data shows one sale for 5 SPRING FARM CLOSE 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
2014 23 OCT	£375,000	£511,956	27% below HPI

What might 5 SPRING FARM CLOSE be worth now?

5 SPRING FARM CLOSE might now be worth an estimated £619,991.

This is based on house price inflation of 65.3%, between October 2014 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 65.3% inflationary increase is applied to the most recent sale price for 5 SPRING FARM CLOSE of £375,000 on 23rd October 2014. For the value to have increased from £375,000 to £619,991 over the twelve years and five months to May 2026, the following assumptions must hold true:

• The value of 5 SPRING FARM CLOSE has moved in line with the HPI for detached houses in the Havering local authority area.
• The October 2014 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SPRING FARM CLOSE has not materially changed since October 2014.

How Large is 5 SPRING FARM CLOSE?

5 SPRING FARM CLOSE is 108m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 50% of detached houses in Rainham, based on EPC data. The below chart shows the distribution of detached houses by size in Rainham, and where 5 SPRING FARM CLOSE lies on this distribution: 50% of detached houses are smaller than 5 SPRING FARM CLOSE, and 49% of detached houses are larger. Note that EPC data is not available for all properties in Rainham.

5 SPRING FARM CLOSE: Plot

5 SPRING FARM CLOSE sits on a plot of roughly 0.079 of an acre, or 321m².

Where is 5 SPRING FARM CLOSE?

5 SPRING FARM CLOSE is located in RAINHAM, in the RM13 postcode district.