6, CHEAPSIDE EAST, RAYLEIGH, SS6 9JU - £525,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

6 CHEAPSIDE EAST is a very large detached house of 252m², built sometime between 2003 and 2006. It was last sold for £525,000 in September 2014, which was around 43% above the average September 2014 detached price in the Rochford local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

6 CHEAPSIDE EAST Sold Prices

Land registry data shows two sales for 6 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. Both of the two 6 CHEAPSIDE EAST sales were 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
2014 1 SEP	£525,000	£366,316	43% above HPI
2004 27 AUG	£335,000	£285,862	17% above HPI

6 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 6 CHEAPSIDE EAST sales from August 2004 and September 2014 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 August 2004 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the September 2014 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is 6 CHEAPSIDE EAST?

6 CHEAPSIDE EAST is 252m² according to the EPC inspection conducted in February 2012. This puts it in the largest 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 6 CHEAPSIDE EAST lies on this distribution: 98% of detached houses are smaller than 6 CHEAPSIDE EAST, and 2% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

6 CHEAPSIDE EAST: Plot and Title Map

6 CHEAPSIDE EAST sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 6 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 6 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 6 CHEAPSIDE EAST?

6 CHEAPSIDE EAST is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 6 on CHEAPSIDE EAST.