1, LANCASTER ROAD, RAYLEIGH, SS6 8UP - £415,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 LANCASTER ROAD is a large extended detached house of 143m², built sometime between 1967 and 1975. It was last sold for £415,000 in August 2017, which was around 17% below the average August 2017 detached price in the Rochford local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was B.

1 LANCASTER ROAD Sold Prices

Land registry data shows four sales for 1 LANCASTER ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. All of the four 1 LANCASTER ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 18 AUG	£415,000	£498,356	17% below HPI
2015 17 JUN	£325,000	£393,694	17% below HPI
2008 7 APR	£249,950	£338,401	26% below HPI
1997 5 DEC	£110,000	£115,886	5% below HPI

1 LANCASTER ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rochford local authority area over time, sourced from the HPI. The four 1 LANCASTER ROAD sales between December 1997 and August 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2015 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2017 sale, which was also at 17% below the HPI.

How Large is 1 LANCASTER ROAD?

1 LANCASTER ROAD is 143m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the largest 30% of detached houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Rayleigh, and where 1 LANCASTER ROAD lies on this distribution: 70% of detached houses are smaller than 1 LANCASTER ROAD, and 30% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

1 LANCASTER ROAD: Plot and Title Map

1 LANCASTER ROAD sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 1 LANCASTER ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 LANCASTER ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 LANCASTER ROAD?

1 LANCASTER ROAD is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 1 on LANCASTER ROAD.