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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 THE LAURELS is a large detached house of 133m², built sometime between 1967 and 1975, which could now be worth an estimated £499,408. It was last sold for £440,000 in February 2020, which was around 20% 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	£548,110	20% below HPI
1999 18 NOV	£133,000	£143,348	7% below HPI
1996 27 JUN	£85,000	£98,044	13% 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 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2020 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 16 THE LAURELS be worth now?

16 THE LAURELS might now be worth an estimated £499,408.

This is based on house price inflation of 13.5%, between February 2020 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 13.5% inflationary increase is applied to the most recent sale price for 16 THE LAURELS of £440,000 on 28th February 2020. For the value to have increased from £440,000 to £499,408 over the five years to February 2025, the following assumptions must hold true:

• The value of 16 THE LAURELS has moved in line with the HPI for detached houses in the Rochford local authority area.
• The February 2020 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 16 THE LAURELS has not materially changed since February 2020.

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 houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rayleigh, and where 16 THE LAURELS lies on this distribution: 62% of detached houses 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.