24, LANCASTER ROAD, RAYLEIGH, SS6 8UP - £382,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

24 LANCASTER ROAD is a large extended detached house of 146m², built sometime between 1976 and 1982, which could now be worth an estimated £705,593. It was last sold for £382,500 in March 2012, which was around 13% above the average March 2012 detached price in the Rochford local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

24 LANCASTER ROAD Sold Prices

Land registry data shows two sales for 24 LANCASTER ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. One of the two 24 LANCASTER ROAD sales was for above the average price, whilst the other was 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
2012 29 MAR	£382,500	£337,247	13% above HPI
2003 29 SEP	£250,000	£289,141	14% below HPI

24 LANCASTER ROAD 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 two 24 LANCASTER ROAD sales from September 2003 and March 2012 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 2003 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2012 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 24 LANCASTER ROAD be worth now?

24 LANCASTER ROAD might now be worth an estimated £705,593.

This is based on house price inflation of 84.5%, between March 2012 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 84.5% inflationary increase is applied to the most recent sale price for 24 LANCASTER ROAD of £382,500 on 29th March 2012. For the value to have increased from £382,500 to £705,593 over the thirteen years and one month to February 2025, the following assumptions must hold true:

• The value of 24 LANCASTER ROAD has moved in line with the HPI for detached houses in the Rochford local authority area.
• The March 2012 sale price of £382,500 represented a fair market value for the property.
• The size, condition, and specification of 24 LANCASTER ROAD has not materially changed since March 2012.

How Large is 24 LANCASTER ROAD?

24 LANCASTER ROAD is 146m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the largest 30% 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 24 LANCASTER ROAD lies on this distribution: 72% of detached houses houses are smaller than 24 LANCASTER ROAD, and 28% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

24 LANCASTER ROAD: Plot and Title Map

24 LANCASTER ROAD sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 24 LANCASTER 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 24 LANCASTER 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.

Where is 24 LANCASTER ROAD?

24 LANCASTER ROAD is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 24 on LANCASTER ROAD.