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
31 TEMPLE WAY is a large extended detached house of 150m², built sometime between 2003 and 2006. It was last sold for £700,000 in November 2023, which was around 20% above the average November 2023 detached price in the Rochford local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 31 TEMPLE WAY since 1st 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 31 TEMPLE WAY sales were for above 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 |
---|---|---|---|
2023 16 NOV | £700,000 | £581,807 | 20% above HPI |
2015 9 APR | £412,500 | £386,351 | 7% above HPI |
2006 13 DEC | £399,995 | £309,181 | 29% above HPI |
The below graph shows the average detached house price in the Rochford local authority area over time, sourced from the HPI. The three 31 TEMPLE WAY sales between December 2006 and November 2023 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 April 2015 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the November 2023 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.
31 TEMPLE WAY is 150m², which includes two extensions, according to the EPC inspection conducted in June 2023. This puts it in the largest 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 31 TEMPLE WAY lies on this distribution: 75% of detached houses are smaller than 31 TEMPLE WAY, and 24% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.
31 TEMPLE WAY sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 31 TEMPLE WAY, 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 31 TEMPLE WAY). 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.
31 TEMPLE WAY is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 31 on TEMPLE WAY.