38, CLARENCE ROAD, RAYLEIGH, SS6 8SQ - £435,000

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

38 CLARENCE ROAD is a small detached house of 110m², built sometime between 1930 and 1949. It was last sold for £435,000 in August 2020, which was around 16% below the average August 2020 detached price in the Rochford local authority area. The most recent EPC inspection was February 2019, where the current energy rating was G, and the potential energy rating was B.

38 CLARENCE ROAD Sold Prices

Land registry data shows three sales for 38 CLARENCE 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 38 CLARENCE 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
2020 24 AUG	£435,000	£516,966	16% below HPI
2019 10 MAY	£325,000	£524,960	38% below HPI
1996 10 MAY	£75,500	£91,461	17% below HPI

38 CLARENCE 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 38 CLARENCE ROAD sales between May 1996 and August 2020 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 2019 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 38 CLARENCE ROAD?

38 CLARENCE ROAD is 110m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 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 38 CLARENCE ROAD lies on this distribution: 37% of detached houses are smaller than 38 CLARENCE ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

38 CLARENCE ROAD: Plot and Title Map

38 CLARENCE ROAD sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 38 CLARENCE 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 38 CLARENCE 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 38 CLARENCE ROAD?

38 CLARENCE ROAD is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 38 on CLARENCE ROAD.