171, BULL LANE, RAYLEIGH, SS6 8NU - £455,000

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

171 BULL LANE is a small detached house of 110m², built sometime between 1950 and 1966. It was last sold for £455,000 in July 2024, which was around 22% below the average July 2024 detached price in the Rochford local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.

171 BULL LANE Sold Prices

Land registry data shows four sales for 171 BULL LANE 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. All of the four 171 BULL LANE 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
2024 26 JUL	£455,000	£584,125	22% below HPI
2007 10 DEC	£330,000	£347,238	5% below HPI
2004 12 OCT	£192,000	£300,968	36% below HPI
1996 15 MAR	£62,000	£92,069	33% below HPI

171 BULL LANE 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 171 BULL LANE sales between March 1996 and July 2024 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 2007 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2024 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 171 BULL LANE?

171 BULL LANE is 110m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 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 171 BULL LANE lies on this distribution: 37% of detached houses are smaller than 171 BULL LANE, and 62% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

171 BULL LANE: Plot and Title Map

171 BULL LANE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 171 BULL LANE, 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 171 BULL LANE). 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 171 BULL LANE?

171 BULL LANE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 171 on BULL LANE.