16, GAYLEIGHS, RAYLEIGH, SS6 9LX - £450,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 GAYLEIGHS is a midsized extended detached house of 118m², built sometime between 1950 and 1966, which could now be worth an estimated £479,150. It was last sold for £450,000 in November 2021, which was around 23% below the average November 2021 detached price in the Rochford local authority area. The most recent EPC inspection was May 2021, where the current energy rating was E, and the potential energy rating was B.

16 GAYLEIGHS Sold Prices

Land registry data shows three sales for 16 GAYLEIGHS 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 16 GAYLEIGHS 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
2021 5 NOV	£450,000	£584,268	23% below HPI
2001 13 JUL	£154,995	£190,011	18% below HPI
1997 27 NOV	£73,000	£123,272	41% below HPI

16 GAYLEIGHS 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 GAYLEIGHS sales between November 1997 and November 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 July 2001 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 16 GAYLEIGHS be worth now?

16 GAYLEIGHS might now be worth an estimated £479,150.

This is based on house price inflation of 6.5%, between November 2021 and February 2025, for detached houses, in the Rochford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.5% inflationary increase is applied to the most recent sale price for 16 GAYLEIGHS of £450,000 on 5th November 2021. For the value to have increased from £450,000 to £479,150 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 16 GAYLEIGHS has moved in line with the HPI for detached houses in the Rochford local authority area.
• The November 2021 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 16 GAYLEIGHS has not materially changed since November 2021.

How Large is 16 GAYLEIGHS?

16 GAYLEIGHS is 118m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 50% of detached houses houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rayleigh, and where 16 GAYLEIGHS lies on this distribution: 47% of detached houses houses are smaller than 16 GAYLEIGHS, and 52% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

16 GAYLEIGHS: Plot and Title Map

16 GAYLEIGHS sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 16 GAYLEIGHS, 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 GAYLEIGHS). 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 GAYLEIGHS?

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