48, LANCASTER ROAD, RAYLEIGH, SS6 8UP - £270,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

48 LANCASTER ROAD is a small extended detached house of 111m², built sometime between 1976 and 1982. It was last sold for £270,000 in May 2013, which was around 18% below the average May 2013 detached price in the Rochford local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

48 LANCASTER ROAD Sold Prices

Land registry data shows two sales for 48 LANCASTER ROAD 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 48 LANCASTER ROAD sales was for below the average price, whilst the other was 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
2013 24 MAY	£270,000	£330,645	18% below HPI
1998 29 OCT	£122,500	£120,981	1% above HPI

48 LANCASTER ROAD 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 48 LANCASTER ROAD sales from October 1998 and May 2013 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 October 1998 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2013 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 48 LANCASTER ROAD?

48 LANCASTER ROAD is 111m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the smallest 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 48 LANCASTER ROAD lies on this distribution: 39% of detached houses are smaller than 48 LANCASTER ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

48 LANCASTER ROAD: Plot and Title Map

48 LANCASTER ROAD sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 48 LANCASTER ROAD, 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 48 LANCASTER ROAD). 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 48 LANCASTER ROAD?

48 LANCASTER ROAD is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 48 on LANCASTER ROAD.