14, ELY WAY, RAYLEIGH, SS6 9TR - £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

14 ELY WAY is a small detached house of 104m², built sometime between 1996 and 2002. It was last sold for £415,000 in July 2016, which was around 10% below the average July 2016 detached price in the Rochford local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was D.

14 ELY WAY Sold Prices

Land registry data shows four sales for 14 ELY WAY 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. two of the four 14 ELY WAY sales were for below the average price, and four were for above 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
2016 22 JUL	£415,000	£458,834	10% below HPI
2009 18 NOV	£282,500	£306,679	8% below HPI
2003 24 OCT	£275,000	£272,771	1% above HPI
1997 2 APR	£127,995	£102,408	25% above HPI

14 ELY WAY 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 14 ELY WAY sales between April 1997 and July 2016 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 November 2009 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2016 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 14 ELY WAY?

14 ELY WAY is 104m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 40% of detached houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Rayleigh, and where 14 ELY WAY lies on this distribution: 31% of detached houses are smaller than 14 ELY WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

14 ELY WAY: Plot and Title Map

14 ELY WAY sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 14 ELY WAY, 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 14 ELY WAY). 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 14 ELY WAY?

14 ELY WAY is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 14 on ELY WAY.