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
202 RAYLEIGH ROAD is a very small extended detached house of 53m², built sometime between 1900 and 1929. It was last sold for £257,000 in December 2023, which was around 59% below the average December 2023 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was October 2021, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows two sales for 202 RAYLEIGH ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Southend-on-Sea local authority area for the corresponding sale date. Both of the two 202 RAYLEIGH ROAD 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 |
---|---|---|---|
2023 7 DEC | £257,000 | £621,335 | 59% below HPI |
2021 10 NOV | £225,000 | £589,260 | 62% below HPI |
The below graph shows the average detached house price in the Southend-on-Sea local authority area over time, sourced from the HPI. The two 202 RAYLEIGH ROAD sales from November 2021 and December 2023 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 2021 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the December 2023 sale, where it rises to 59% below the HPI. The line then continues to track at 59% below the HPI.
202 RAYLEIGH ROAD is 53m², which includes two extensions, according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of detached houses in Southend-on-Sea, based on EPC data. The below chart shows the distribution of detached houses by size in Southend-on-Sea, and where 202 RAYLEIGH ROAD lies on this distribution: 1% of detached houses are smaller than 202 RAYLEIGH ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.
202 RAYLEIGH ROAD sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 202 RAYLEIGH ROAD, 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 202 RAYLEIGH ROAD). 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.
202 RAYLEIGH ROAD is located in LEIGH-ON-SEA, in the SS9 postcode district. The below map shows the position of No. 202 on RAYLEIGH ROAD.