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
23 DOWNHALL PARK WAY is a very small detached house of 77m², built sometime between 1996 and 2002. It was last sold for £400,000 in January 2018, which was around 19% below the average January 2018 detached price in the Rochford local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 23 DOWNHALL PARK WAY since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. The five 23 DOWNHALL PARK WAY sales were a mix of below the average price, and roughly equal to 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 |
---|---|---|---|
2018 31 JAN | £400,000 | £493,272 | 19% below HPI |
2012 7 SEP | £280,000 | £323,938 | 14% below HPI |
2002 23 JAN | £170,000 | £185,572 | 8% below HPI |
1996 29 MAR | £92,000 | £92,069 | Close to HPI |
1995 27 JAN | £88,700 | £99,072 | 10% below HPI |
The below graph shows the average detached house price in the Rochford local authority area over time, sourced from the HPI. The five 23 DOWNHALL PARK WAY sales between January 1995 and January 2018 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 September 2012 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the January 2018 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.
23 DOWNHALL PARK WAY is 77m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 10% of detached houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Rayleigh, and where 23 DOWNHALL PARK WAY lies on this distribution: 8% of detached houses are smaller than 23 DOWNHALL PARK WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.
23 DOWNHALL PARK WAY sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 23 DOWNHALL PARK WAY, 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 23 DOWNHALL PARK WAY). 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.
23 DOWNHALL PARK WAY is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 23 on DOWNHALL PARK WAY.