28, THE PADDOCKS, RAYLEIGH, SS6 8NF - £434,000

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 THE PADDOCKS is a large extended detached house of 135m², built sometime between 1967 and 1975. It was last sold for £434,000 in June 2016, which was around 5% below the average June 2016 detached price in the Rochford local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was C.

28 THE PADDOCKS Sold Prices

Land registry data shows two sales for 28 THE PADDOCKS 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 28 THE PADDOCKS 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
2016 23 JUN	£434,000	£456,177	5% below HPI
2010 29 OCT	£295,000	£321,350	8% below HPI

28 THE PADDOCKS 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 28 THE PADDOCKS sales from October 2010 and June 2016 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 October 2010 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2016 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 28 THE PADDOCKS?

28 THE PADDOCKS is 135m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the largest 40% 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 THE PADDOCKS lies on this distribution: 63% of detached houses are smaller than 28 THE PADDOCKS, and 37% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

28 THE PADDOCKS: Plot and Title Map

28 THE PADDOCKS sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 28 THE PADDOCKS, 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 THE PADDOCKS). 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 THE PADDOCKS?

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