1, NEWSUM GARDENS, RAYLEIGH, SS6 9QH - £205,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 NEWSUM GARDENS is a very small detached house of 74m², built sometime between 1983 and 1990. It was last sold for £205,000 in November 2003, which was around 24% below the average November 2003 detached price in the Rochford local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

1 NEWSUM GARDENS Sold Prices

Land registry data shows three sales for 1 NEWSUM GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. All of the three 1 NEWSUM GARDENS 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
2003 19 NOV	£205,000	£270,370	24% below HPI
2002 2 JUL	£159,000	£213,198	25% below HPI
1996 16 DEC	£72,995	£99,627	27% below HPI

1 NEWSUM GARDENS 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 three 1 NEWSUM GARDENS sales between December 1996 and November 2003 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 July 2002 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2003 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 1 NEWSUM GARDENS?

1 NEWSUM GARDENS is 74m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 10% 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 NEWSUM GARDENS lies on this distribution: 6% of detached houses are smaller than 1 NEWSUM GARDENS, and 93% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

1 NEWSUM GARDENS: Plot and Title Map

1 NEWSUM GARDENS sits on a plot of roughly 0.082 of an acre, or 334m². The below map shows the location of 1 NEWSUM GARDENS, 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 NEWSUM GARDENS). 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 NEWSUM GARDENS?

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