38, THE APPROACH, RAYLEIGH, SS6 9AA - £247,500

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

38 THE APPROACH is a small extended semi-detached house of 94m², built sometime between 1930 and 1949, which could now be worth an estimated £407,115. It was last sold for £247,500 in June 2014, which was around 7% above the average June 2014 semi-detached price in the Rochford local authority area. The most recent EPC inspection was December 2024, where the current energy rating was D, and the potential energy rating was B.

38 THE APPROACH Sold Prices

Land registry data shows two sales for 38 THE APPROACH since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Rochford local authority area for the corresponding sale date. One of the two 38 THE APPROACH sales was for above the average price, whilst the other was 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
2014 25 JUN	£247,500	£230,870	7% above HPI
2000 1 DEC	£102,995	£103,642	1% below HPI

38 THE APPROACH Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Rochford local authority area over time, sourced from the HPI. The two 38 THE APPROACH sales from December 2000 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 December 2000 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2014 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 38 THE APPROACH be worth now?

38 THE APPROACH might now be worth an estimated £407,115.

This is based on house price inflation of 64.5%, between June 2014 and February 2025, for semi-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 64.5% inflationary increase is applied to the most recent sale price for 38 THE APPROACH of £247,500 on 25th June 2014. For the value to have increased from £247,500 to £407,115 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of 38 THE APPROACH has moved in line with the HPI for semi-detached houses in the Rochford local authority area.
• The June 2014 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 38 THE APPROACH has not materially changed since June 2014.

How Large is 38 THE APPROACH?

38 THE APPROACH is 94m², which includes one extension, according to the EPC inspection conducted in December 2024. This puts it in the smallest 30% of semi-detached houses houses in Rayleigh, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Rayleigh, and where 38 THE APPROACH lies on this distribution: 22% of semi-detached houses houses are smaller than 38 THE APPROACH, and 78% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

38 THE APPROACH: Plot and Title Map

38 THE APPROACH sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 38 THE APPROACH, 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 THE APPROACH). 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 THE APPROACH?

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