49, EASTCHEAP, RAYLEIGH, SS6 9JY - £430,000

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

49 EASTCHEAP is a very small detached house of 80m², built sometime between 1996 and 2002. It was last sold for £430,000 in June 2024, which was around 26% below the average June 2024 detached price in the Rochford local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

49 EASTCHEAP Sold Prices

Land registry data shows four sales for 49 EASTCHEAP since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. Most of the four 49 EASTCHEAP 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 28 JUN	£430,000	£578,181	26% below HPI
2002 16 MAY	£173,000	£202,909	15% below HPI
2001 24 MAY	£163,000	£178,647	9% below HPI
1995 20 DEC	£96,995	£92,375	5% above HPI

49 EASTCHEAP 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 four 49 EASTCHEAP sales between December 1995 and June 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 May 2002 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2024 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 49 EASTCHEAP?

49 EASTCHEAP is 80m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 10% of detached houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Rayleigh, and where 49 EASTCHEAP lies on this distribution: 10% of detached houses are smaller than 49 EASTCHEAP, and 90% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

49 EASTCHEAP: Plot and Title Map

49 EASTCHEAP sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 49 EASTCHEAP, 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 49 EASTCHEAP). 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 49 EASTCHEAP?

49 EASTCHEAP is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 49 on EASTCHEAP.