16, LAKESIDE, RAYLEIGH, SS6 9LA - £445,000

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 LAKESIDE is a large extended detached house of 147m², built sometime between 2007 and 2011, which could now be worth an estimated £488,806. It was last sold for £445,000 in April 2019, which was around 21% below the average April 2019 detached price in the Rochford local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was C.

16 LAKESIDE Sold Prices

Land registry data shows four sales for 16 LAKESIDE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. two of the four 16 LAKESIDE sales were for below the average price, and four 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
2019 30 APR	£445,000	£566,362	21% below HPI
2015 11 DEC	£382,500	£458,671	17% below HPI
2009 15 SEP	£350,000	£315,796	11% above HPI
2007 4 JUL	£625,000	£350,365	78% above HPI

16 LAKESIDE 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 four 16 LAKESIDE sales between July 2007 and April 2019 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 2015 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the April 2019 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 16 LAKESIDE be worth now?

16 LAKESIDE might now be worth an estimated £488,806.

This is based on house price inflation of 9.8%, between April 2019 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 9.8% inflationary increase is applied to the most recent sale price for 16 LAKESIDE of £445,000 on 30th April 2019. For the value to have increased from £445,000 to £488,806 over the six years and two months to February 2025, the following assumptions must hold true:

• The value of 16 LAKESIDE has moved in line with the HPI for detached houses in the Rochford local authority area.
• The April 2019 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of 16 LAKESIDE has not materially changed since April 2019.

How Large is 16 LAKESIDE?

16 LAKESIDE is 147m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 30% 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 LAKESIDE lies on this distribution: 73% of detached houses houses are smaller than 16 LAKESIDE, and 27% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

16 LAKESIDE: Plot and Title Map

16 LAKESIDE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 16 LAKESIDE, 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 LAKESIDE). 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 LAKESIDE?

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