34, EASTCHEAP, RAYLEIGH, SS6 9JZ - £285,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

34 EASTCHEAP is a very small detached house of 87m², built sometime between 1991 and 1995, which could now be worth an estimated £469,242. It was last sold for £285,000 in June 2014, which was around 25% below the average June 2014 detached price in the Rochford local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

34 EASTCHEAP Sold Prices

Land registry data shows two sales for 34 EASTCHEAP 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. One of the two 34 EASTCHEAP sales was for below the average price, whilst the other was 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
2014 27 JUN	£285,000	£377,849	25% below HPI
1996 30 AUG	£103,995	£102,259	2% above HPI

34 EASTCHEAP 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 34 EASTCHEAP sales from August 1996 and June 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 August 1996 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2014 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 34 EASTCHEAP be worth now?

34 EASTCHEAP might now be worth an estimated £469,242.

This is based on house price inflation of 64.6%, between June 2014 and February 2025, for detached houses, in the Rochford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 64.6% inflationary increase is applied to the most recent sale price for 34 EASTCHEAP of £285,000 on 27th June 2014. For the value to have increased from £285,000 to £469,242 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of 34 EASTCHEAP has moved in line with the HPI for detached houses in the Rochford local authority area.
• The June 2014 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 34 EASTCHEAP has not materially changed since June 2014.

How Large is 34 EASTCHEAP?

34 EASTCHEAP is 87m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 20% of detached houses houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rayleigh, and where 34 EASTCHEAP lies on this distribution: 15% of detached houses houses are smaller than 34 EASTCHEAP, and 84% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

34 EASTCHEAP: Plot and Title Map

34 EASTCHEAP sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 34 EASTCHEAP, 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 34 EASTCHEAP). 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 34 EASTCHEAP?

34 EASTCHEAP is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 34 on EASTCHEAP.