50, BROAD OAK WAY, RAYLEIGH, SS6 8JU - £350,000

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.

50 BROAD OAK WAY is a very small semi-detached house of 76m², built sometime between 1950 and 1966, which could now be worth an estimated £409,572. It was last sold for £350,000 in May 2020, which was around 8% above the average May 2020 semi-detached price in the Rochford local authority area. The most recent EPC inspection was January 2013, where the current energy rating was E, and the potential energy rating was B.

50 BROAD OAK WAY Sold Prices

Land registry data shows three sales for 50 BROAD OAK WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Rochford local authority area for the corresponding sale date. Two of the three 50 BROAD OAK WAY sales were for above the average price, whilst one 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
2020 15 MAY	£350,000	£324,524	8% above HPI
2013 25 MAR	£207,000	£209,893	1% below HPI
2005 9 NOV	£223,000	£196,042	14% above HPI

50 BROAD OAK WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Rochford local authority area over time, sourced from the HPI. The three 50 BROAD OAK WAY sales between November 2005 and May 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 March 2013 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2020 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 50 BROAD OAK WAY be worth now?

50 BROAD OAK WAY might now be worth an estimated £409,572.

This is based on house price inflation of 17%, between May 2020 and February 2025, for semi-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 17% inflationary increase is applied to the most recent sale price for 50 BROAD OAK WAY of £350,000 on 15th May 2020. For the value to have increased from £350,000 to £409,572 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 50 BROAD OAK WAY has moved in line with the HPI for semi-detached houses in the Rochford local authority area.
• The May 2020 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 50 BROAD OAK WAY has not materially changed since May 2020.

How Large is 50 BROAD OAK WAY?

50 BROAD OAK WAY is 76m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 10% of semi-detached houses houses in Rayleigh, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Rayleigh, and where 50 BROAD OAK WAY lies on this distribution: 7% of semi-detached houses houses are smaller than 50 BROAD OAK WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

50 BROAD OAK WAY: Plot and Title Map

50 BROAD OAK WAY sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 50 BROAD OAK 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 50 BROAD OAK 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 50 BROAD OAK WAY?

50 BROAD OAK WAY is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 50 on BROAD OAK WAY.