42, BANYARD WAY, ROCHFORD, SS4 1UQ - £470,000

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.

42 BANYARD WAY is a large extended detached house of 141m², built sometime between 1950 and 1966, which could now be worth an estimated £494,122. It was last sold for £470,000 in May 2024, which was around 21% below the average May 2024 detached price in the Rochford local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

42 BANYARD WAY Sold Prices

Land registry data shows three sales for 42 BANYARD WAY 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 42 BANYARD WAY 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
2024 14 MAY	£470,000	£591,745	21% below HPI
2020 27 FEB	£370,000	£548,110	32% below HPI
2000 21 NOV	£104,000	£178,669	42% below HPI

42 BANYARD 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 three 42 BANYARD WAY sales between November 2000 and May 2024 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 February 2020 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2024 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 42 BANYARD WAY be worth now?

42 BANYARD WAY might now be worth an estimated £494,122.

This is based on house price inflation of 5.1%, between May 2024 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 5.1% inflationary increase is applied to the most recent sale price for 42 BANYARD WAY of £470,000 on 14th May 2024. For the value to have increased from £470,000 to £494,122 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 42 BANYARD WAY has moved in line with the HPI for detached houses in the Rochford local authority area.
• The May 2024 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 42 BANYARD WAY has not materially changed since May 2024.

How Large is 42 BANYARD WAY?

42 BANYARD WAY is 141m², which includes two extensions, according to the EPC inspection conducted in September 2019. This puts it in the largest 40% of detached houses houses in Rochford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rochford, and where 42 BANYARD WAY lies on this distribution: 68% of detached houses houses are smaller than 42 BANYARD WAY, and 32% of houses are larger. Note that EPC data is not available for all properties in Rochford.

42 BANYARD WAY: Plot and Title Map

42 BANYARD WAY sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 42 BANYARD 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 42 BANYARD 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 42 BANYARD WAY?

42 BANYARD WAY is located in ROCHFORD, in the SS4 postcode district. The below map shows the position of No. 42 on BANYARD WAY.