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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

24 LEASWAY is a very small extended detached house of 71m², built sometime between 1950 and 1966. It was last sold for £330,000 in February 2014, which was around 1% below the average February 2014 detached price in the Rochford local authority area. The most recent EPC inspection was October 2013, 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	£333,417	1% below HPI
2001 26 NOV	£145,000	£192,830	25% 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 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2014 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 24 LEASWAY?

24 LEASWAY is 71m², which includes one extension, according to the EPC inspection conducted in October 2013. 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 24 LEASWAY lies on this distribution: 5% of detached 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.