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 WESTERN ROAD is a very large extended detached house of 230m², built sometime between 1900 and 1929. It was last sold for £1,000,000 in August 2018, which was around 97% above the average August 2018 detached price in the Rochford local authority area. The most recent EPC inspection was October 2008, where the current energy rating was F, and the potential energy rating was E.
Land registry data shows three sales for 14 WESTERN ROAD since 1st 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 14 WESTERN ROAD sales 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 |
---|---|---|---|
2018 30 AUG | £1,000,000 | £506,910 | 97% above HPI |
2009 27 NOV | £549,800 | £306,679 | 79% above HPI |
2002 25 APR | £365,000 | £200,696 | 82% above HPI |
The below graph shows the average detached house price in the Rochford local authority area over time, sourced from the HPI. The three 14 WESTERN ROAD sales between April 2002 and August 2018 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 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the August 2018 sale, where it rises to 97% above the HPI. The line then continues to track at 97% above the HPI.
14 WESTERN ROAD is 230m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the largest 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 14 WESTERN ROAD lies on this distribution: 97% of detached houses are smaller than 14 WESTERN ROAD, and 3% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.
14 WESTERN ROAD sits on a plot of roughly 0.256 of an acre, or 1,036m². The below map shows the location of 14 WESTERN 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 14 WESTERN 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.
14 WESTERN ROAD is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 14 on WESTERN ROAD.