28, STATION ROAD, RAYLEIGH, SS6 7HL - £325,000

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

28 STATION ROAD is a small extended detached house of 93m², built sometime between 1950 and 1966. It was last sold for £325,000 in June 2022, which was around 41% below the average June 2022 detached price in the Rochford local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

28 STATION ROAD Sold Prices

Land registry data shows three sales for 28 STATION ROAD 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 28 STATION ROAD 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
2022 20 JUN	£325,000	£555,001	41% below HPI
2009 15 MAY	£218,355	£292,286	25% below HPI
2004 5 MAR	£185,000	£276,856	33% below HPI

28 STATION 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 three 28 STATION ROAD sales between March 2004 and June 2022 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 May 2009 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2022 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 28 STATION ROAD?

28 STATION ROAD is 93m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 30% of detached houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Rayleigh, and where 28 STATION ROAD lies on this distribution: 21% of detached houses are smaller than 28 STATION ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

28 STATION ROAD: Plot and Title Map

28 STATION ROAD sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 28 STATION 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 28 STATION 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 28 STATION ROAD?

28 STATION ROAD is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 28 on STATION ROAD.