140, GROVE ROAD, RAYLEIGH, SS6 8RQ - £325,000

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

140 GROVE ROAD is a small extended detached house of 107m², built sometime between 1950 and 1966. It was last sold for £325,000 in May 2015, which was around 16% below the average May 2015 detached price in the Rochford local authority area. The most recent EPC inspection was March 2013, where the current energy rating was E, and the potential energy rating was C.

140 GROVE ROAD Sold Prices

Land registry data shows three sales for 140 GROVE ROAD 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 140 GROVE 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
2015 18 MAY	£325,000	£388,303	16% below HPI
2002 12 SEP	£174,500	£227,343	23% below HPI
2000 10 MAR	£112,000	£145,384	23% below HPI

140 GROVE 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 three 140 GROVE ROAD sales between March 2000 and May 2015 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 September 2002 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2015 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 140 GROVE ROAD?

140 GROVE ROAD is 107m², which includes one extension, according to the EPC inspection conducted in March 2013. 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 140 GROVE ROAD lies on this distribution: 35% of detached houses are smaller than 140 GROVE ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

140 GROVE ROAD: Plot and Title Map

140 GROVE ROAD sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 140 GROVE 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 140 GROVE 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 140 GROVE ROAD?

140 GROVE ROAD is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 140 on GROVE ROAD.