24, LEASWAY, RAYLEIGH, SS6 7DW - £330,000

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 LEASWAY is a very small extended detached house of 72m², built sometime between 1950 and 1966, which could now be worth an estimated £576,087. It was last sold for £330,000 in February 2014, which was around 7% below the average February 2014 detached price in the Rochford local authority area. The most recent EPC inspection was October 2024, where the current energy rating was D, and the potential energy rating was B.

24 LEASWAY Sold Prices

Land registry data shows two sales for 24 LEASWAY 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. Both of the two 24 LEASWAY 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
2014 28 FEB	£330,000	£356,366	7% below HPI
2001 26 NOV	£145,000	£206,103	30% below HPI

24 LEASWAY 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 LEASWAY sales from November 2001 and February 2014 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 2001 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2014 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 24 LEASWAY be worth now?

24 LEASWAY might now be worth an estimated £576,087.

This is based on house price inflation of 74.6%, between February 2014 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 74.6% inflationary increase is applied to the most recent sale price for 24 LEASWAY of £330,000 on 28th February 2014. For the value to have increased from £330,000 to £576,087 over the eleven years to February 2025, the following assumptions must hold true:

• The value of 24 LEASWAY has moved in line with the HPI for detached houses in the Rochford local authority area.
• The February 2014 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 24 LEASWAY has not materially changed since February 2014.

How Large is 24 LEASWAY?

24 LEASWAY is 72m², which includes one extension, according to the EPC inspection conducted in October 2024. This puts it in the smallest 10% 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 LEASWAY lies on this distribution: 5% of detached houses houses are smaller than 24 LEASWAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

24 LEASWAY: Plot and Title Map

24 LEASWAY sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 24 LEASWAY, 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 LEASWAY). 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 LEASWAY?

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