9, SPINNEY CLOSE, RAINHAM, RM13 8LR - £560,000

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.

9 SPINNEY CLOSE is a midsized extended detached house of 143m², built sometime between 1983 and 1990, which could now be worth an estimated £671,919. It was last sold for £560,000 in April 2020, which was around 20% below the average April 2020 detached price in the Havering local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

9 SPINNEY CLOSE Sold Prices

Land registry data shows one sale for 9 SPINNEY 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
2020 20 APR	£560,000	£697,277	20% below HPI

What might 9 SPINNEY CLOSE be worth now?

9 SPINNEY CLOSE might now be worth an estimated £671,919.

This is based on house price inflation of 20%, between April 2020 and April 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 20% inflationary increase is applied to the most recent sale price for 9 SPINNEY CLOSE of £560,000 on 20th April 2020. For the value to have increased from £560,000 to £671,919 over the six years to April 2026, the following assumptions must hold true:

• The value of 9 SPINNEY CLOSE has moved in line with the HPI for detached houses in the Havering local authority area.
• The April 2020 sale price of £560,000 represented a fair market value for the property.
• The size, condition, and specification of 9 SPINNEY CLOSE has not materially changed since April 2020.

How Large is 9 SPINNEY CLOSE?

9 SPINNEY CLOSE is 143m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the smallest 50% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 9 SPINNEY CLOSE lies on this distribution: 49% of detached houses are smaller than 9 SPINNEY CLOSE, and 51% of detached houses are larger. Note that EPC data is not available for all properties in London.

9 SPINNEY CLOSE: Plot

9 SPINNEY CLOSE sits on a plot of roughly 0.096 of an acre, or 387m².

Where is 9 SPINNEY CLOSE?

9 SPINNEY CLOSE is located in RAINHAM, in the RM13 postcode district.