4, LANCASTER GARDENS, RAYLEIGH, SS6 8UR - £435,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 LANCASTER GARDENS is a midsized extended detached house of 125m², built sometime between 1976 and 1982, which could now be worth an estimated £477,022. It was last sold for £435,000 in November 2020, which was around 23% below the average November 2020 detached price in the Rochford local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

4 LANCASTER GARDENS Sold Prices

Land registry data shows three sales for 4 LANCASTER GARDENS 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 4 LANCASTER GARDENS 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 20 NOV	£435,000	£567,312	23% below HPI
2015 17 SEP	£330,000	£440,922	25% below HPI
1997 12 DEC	£115,000	£123,863	7% below HPI

4 LANCASTER GARDENS 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 4 LANCASTER GARDENS sales between December 1997 and November 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 September 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2020 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 4 LANCASTER GARDENS be worth now?

4 LANCASTER GARDENS might now be worth an estimated £477,022.

This is based on house price inflation of 9.7%, between November 2020 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 9.7% inflationary increase is applied to the most recent sale price for 4 LANCASTER GARDENS of £435,000 on 20th November 2020. For the value to have increased from £435,000 to £477,022 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 4 LANCASTER GARDENS has moved in line with the HPI for detached houses in the Rochford local authority area.
• The November 2020 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LANCASTER GARDENS has not materially changed since November 2020.

How Large is 4 LANCASTER GARDENS?

4 LANCASTER GARDENS is 125m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the largest 50% 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 4 LANCASTER GARDENS lies on this distribution: 55% of detached houses houses are smaller than 4 LANCASTER GARDENS, and 45% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

4 LANCASTER GARDENS: Plot and Title Map

4 LANCASTER GARDENS sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 4 LANCASTER GARDENS, 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 4 LANCASTER GARDENS). 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 4 LANCASTER GARDENS?

4 LANCASTER GARDENS is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 4 on LANCASTER GARDENS.