43, CHEAPSIDE EAST, RAYLEIGH, SS6 9JU - £355,000

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

43 CHEAPSIDE EAST is a large extended detached house of 139m², built sometime between 1900 and 1929, which could now be worth an estimated £647,374. It was last sold for £355,000 in November 2012, which was around 5% above the average November 2012 detached price in the Rochford local authority area. The most recent EPC inspection was August 2012, where the current energy rating was E, and the potential energy rating was D.

43 CHEAPSIDE EAST Sold Prices

Land registry data shows two sales for 43 CHEAPSIDE EAST since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. One of the two 43 CHEAPSIDE EAST 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
2012 30 NOV	£355,000	£338,872	5% above HPI
2005 21 SEP	£206,000	£316,134	35% below HPI

43 CHEAPSIDE EAST 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 two 43 CHEAPSIDE EAST sales from September 2005 and November 2012 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 2005 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2012 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 43 CHEAPSIDE EAST be worth now?

43 CHEAPSIDE EAST might now be worth an estimated £647,374.

This is based on house price inflation of 82.4%, between November 2012 and December 2024, 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 82.4% inflationary increase is applied to the most recent sale price for 43 CHEAPSIDE EAST of £355,000 on 30th November 2012. For the value to have increased from £355,000 to £647,374 over the eleven years and eleven months to December 2024, the following assumptions must hold true:

• The value of 43 CHEAPSIDE EAST has moved in line with the HPI for detached houses in the Rochford local authority area.
• The November 2012 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 43 CHEAPSIDE EAST has not materially changed since November 2012.

How Large is 43 CHEAPSIDE EAST?

43 CHEAPSIDE EAST is 139m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the largest 40% 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 43 CHEAPSIDE EAST lies on this distribution: 66% of detached houses houses are smaller than 43 CHEAPSIDE EAST, and 32% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

43 CHEAPSIDE EAST: Plot and Title Map

43 CHEAPSIDE EAST sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 43 CHEAPSIDE EAST, 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 43 CHEAPSIDE EAST). 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 43 CHEAPSIDE EAST?

43 CHEAPSIDE EAST is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 43 on CHEAPSIDE EAST.