29, GROVE ROAD, RAYLEIGH, SS6 8PU - £385,000

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

29 GROVE ROAD is a very small extended semi-detached house of 74m², built sometime between 1950 and 1966. It was last sold for £385,000 in February 2022, which was around 29% below the average February 2022 detached price in the Rochford local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

29 GROVE ROAD Sold Prices

Land registry data shows three sales for 29 GROVE 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 29 GROVE 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 16 FEB	£385,000	£538,849	29% below HPI
2015 25 AUG	£269,995	£408,403	34% below HPI
1999 11 JUN	£76,000	£122,917	38% below HPI

29 GROVE 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 29 GROVE ROAD sales between June 1999 and February 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 August 2015 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2022 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 29 GROVE ROAD?

29 GROVE ROAD is 74m², which includes two extensions, according to the EPC inspection conducted in May 2015. 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 29 GROVE ROAD lies on this distribution: 6% of detached houses are smaller than 29 GROVE ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

29 GROVE ROAD: Plot and Title Map

29 GROVE ROAD sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 29 GROVE 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 29 GROVE 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 29 GROVE ROAD?

29 GROVE ROAD is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 29 on GROVE ROAD.