22, EASTCHEAP, RAYLEIGH, SS6 9JZ - £420,000

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

22 EASTCHEAP is a large extended detached house of 138m², built sometime between 1950 and 1966, which could now be worth an estimated £492,502. It was last sold for £420,000 in July 2017, which was around 21% below the average July 2017 detached price in the Rochford local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

22 EASTCHEAP Sold Prices

Land registry data shows three sales for 22 EASTCHEAP 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 22 EASTCHEAP 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
2017 12 JUL	£420,000	£530,533	21% below HPI
2001 3 AUG	£105,000	£196,714	47% below HPI
1999 4 OCT	£71,500	£141,429	49% below HPI

22 EASTCHEAP 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 22 EASTCHEAP sales between October 1999 and July 2017 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 August 2001 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the July 2017 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 22 EASTCHEAP be worth now?

22 EASTCHEAP might now be worth an estimated £492,502.

This is based on house price inflation of 17.3%, between July 2017 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 17.3% inflationary increase is applied to the most recent sale price for 22 EASTCHEAP of £420,000 on 12th July 2017. For the value to have increased from £420,000 to £492,502 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 22 EASTCHEAP has moved in line with the HPI for detached houses in the Rochford local authority area.
• The July 2017 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 22 EASTCHEAP has not materially changed since July 2017.

How Large is 22 EASTCHEAP?

22 EASTCHEAP is 138m², which includes one extension, according to the EPC inspection conducted in January 2017. 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 22 EASTCHEAP lies on this distribution: 66% of detached houses houses are smaller than 22 EASTCHEAP, and 34% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

22 EASTCHEAP: Plot and Title Map

22 EASTCHEAP sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 22 EASTCHEAP, 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 22 EASTCHEAP). 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 22 EASTCHEAP?

22 EASTCHEAP is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 22 on EASTCHEAP.