16, EASTERN ROAD, RAYLEIGH, SS6 7BA - £497,500

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

16 EASTERN ROAD is a small extended detached house of 103m², built sometime between 1983 and 1990. It was last sold for £497,500 in January 2021, which was around 6% below the average January 2021 detached price in the Rochford local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was C.

16 EASTERN ROAD Sold Prices

Land registry data shows three sales for 16 EASTERN 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. The three 16 EASTERN ROAD 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
2021 26 JAN	£497,500	£528,314	6% below HPI
2013 2 DEC	£300,000	£340,734	12% below HPI
2009 31 JUL	£290,000	£289,019	Close to HPI

16 EASTERN 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 16 EASTERN ROAD sales between July 2009 and January 2021 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 December 2013 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the January 2021 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 16 EASTERN ROAD?

16 EASTERN ROAD is 103m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 30% of detached houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Rayleigh, and where 16 EASTERN ROAD lies on this distribution: 30% of detached houses are smaller than 16 EASTERN ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

16 EASTERN ROAD: Plot and Title Map

16 EASTERN ROAD sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 16 EASTERN 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 16 EASTERN 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 16 EASTERN ROAD?

16 EASTERN ROAD is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 16 on EASTERN ROAD.