15, LANGHAM DRIVE, RAYLEIGH, SS6 9TA - £530,000

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

15 LANGHAM DRIVE is a very small detached house of 89m², built sometime between 2003 and 2006. It was last sold for £530,000 in May 2022, which was around 6% below the average May 2022 detached price in the Rochford local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

15 LANGHAM DRIVE Sold Prices

Land registry data shows three sales for 15 LANGHAM DRIVE 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. The three 15 LANGHAM DRIVE sales were a mix of below the average price, and roughly equal to 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
2022 13 MAY	£530,000	£562,864	6% below HPI
2004 1 APR	£258,000	£276,752	7% below HPI
2003 22 JAN	£249,995	£251,173	Close to HPI

15 LANGHAM DRIVE 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 15 LANGHAM DRIVE sales between January 2003 and May 2022 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 April 2004 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 15 LANGHAM DRIVE?

15 LANGHAM DRIVE is 89m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 20% of detached houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Rayleigh, and where 15 LANGHAM DRIVE lies on this distribution: 17% of detached houses are smaller than 15 LANGHAM DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

15 LANGHAM DRIVE: Plot and Title Map

15 LANGHAM DRIVE sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 15 LANGHAM DRIVE, 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 15 LANGHAM DRIVE). 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 15 LANGHAM DRIVE?

15 LANGHAM DRIVE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 15 on LANGHAM DRIVE.