PLOT 1, 12, BLACKSMITHS LANE, RAINHAM, RM13 7AD - £317,500

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.

PLOT 1 12 BLACKSMITHS LANE is a detached house, which could now be worth an estimated £554,132. It was last sold for £317,500 in June 2014, which was around 34% below the average June 2014 detached price in the Havering local authority area.

PLOT 1 12 BLACKSMITHS LANE Sold Prices

Land registry data shows one sale for PLOT 1 12 BLACKSMITHS 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
2014 19 JUN	£317,500	£479,363	34% below HPI

What might PLOT 1 12 BLACKSMITHS LANE be worth now?

PLOT 1 12 BLACKSMITHS LANE might now be worth an estimated £554,132.

This is based on house price inflation of 74.5%, between June 2014 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 74.5% inflationary increase is applied to the most recent sale price for PLOT 1 12 BLACKSMITHS LANE of £317,500 on 19th June 2014. For the value to have increased from £317,500 to £554,132 over the twelve years and two months to April 2026, the following assumptions must hold true:

• The value of PLOT 1 12 BLACKSMITHS LANE has moved in line with the HPI for detached houses in the Havering local authority area.
• The June 2014 sale price of £317,500 represented a fair market value for the property.
• The size, condition, and specification of PLOT 1 12 BLACKSMITHS LANE has not materially changed since June 2014.