16, THE LAURELS, RAYLEIGH, SS6 7LT - £440,000

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

16 THE LAURELS is a large detached house of 133m², built sometime between 1967 and 1975. It was last sold for £440,000 in February 2020, which was around 14% below the average February 2020 detached price in the Rochford local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was B.

16 THE LAURELS Sold Prices

Land registry data shows three sales for 16 THE LAURELS 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 THE LAURELS 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
2020 28 FEB	£440,000	£512,813	14% below HPI
1999 18 NOV	£133,000	£134,116	1% below HPI
1996 27 JUN	£85,000	£91,730	7% below HPI

16 THE LAURELS 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 THE LAURELS sales between June 1996 and February 2020 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 November 1999 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2020 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 16 THE LAURELS?

16 THE LAURELS is 133m² according to the EPC inspection conducted in January 2015. This puts it in the largest 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 16 THE LAURELS lies on this distribution: 63% of detached houses are smaller than 16 THE LAURELS, and 37% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

16 THE LAURELS: Plot and Title Map

16 THE LAURELS sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 16 THE LAURELS, 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 THE LAURELS). 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 THE LAURELS?

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