38, LABURNUM WAY, RAYLEIGH, SS6 9GN - £420,000

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

38 LABURNUM WAY is a large extended detached house of 138m², built sometime between 1996 and 2002. It was last sold for £420,000 in September 2015, which was around 2% above the average September 2015 detached price in the Rochford local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

38 LABURNUM WAY Sold Prices

Land registry data shows four sales for 38 LABURNUM WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. All of the four 38 LABURNUM 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
2015 28 SEP	£420,000	£412,527	2% above HPI
2013 17 MAY	£350,000	£330,645	6% above HPI
2007 31 AUG	£380,000	£330,369	15% above HPI
1999 1 MAR	£160,000	£121,025	32% above HPI

38 LABURNUM WAY 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 four 38 LABURNUM WAY sales between March 1999 and September 2015 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 2013 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2015 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 38 LABURNUM WAY?

38 LABURNUM WAY is 138m², which includes one extension, according to the EPC inspection conducted in June 2014. 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 38 LABURNUM WAY lies on this distribution: 66% of detached houses are smaller than 38 LABURNUM WAY, and 34% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

38 LABURNUM WAY: Plot and Title Map

38 LABURNUM WAY sits on a plot of roughly 0.087 of an acre, or 350m². The below map shows the location of 38 LABURNUM 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 38 LABURNUM 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.

Where is 38 LABURNUM WAY?

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