62, UPWAY, RAYLEIGH, SS6 8AA - £400,000

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

62 UPWAY is a small extended detached house of 100m², built sometime between 1950 and 1966. It was last sold for £400,000 in August 2018, which was around 21% below the average August 2018 detached price in the Rochford local authority area. The most recent EPC inspection was May 2018, where the current energy rating was F, and the potential energy rating was C.

62 UPWAY Sold Prices

Land registry data shows two sales for 62 UPWAY 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 62 UPWAY 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
2018 30 AUG	£400,000	£506,910	21% below HPI
2007 3 SEP	£272,500	£336,018	19% below HPI

62 UPWAY 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 62 UPWAY sales from September 2007 and August 2018 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 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2018 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 62 UPWAY?

62 UPWAY is 100m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 30% of detached houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Rayleigh, and where 62 UPWAY lies on this distribution: 27% of detached houses are smaller than 62 UPWAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

62 UPWAY: Plot and Title Map

62 UPWAY sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 62 UPWAY, 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 62 UPWAY). 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 62 UPWAY?

62 UPWAY is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 62 on UPWAY.