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
65 UPWAY is a small extended detached house of 93m², built sometime between 1950 and 1966. It was last sold for £460,000 in May 2023, which was around 20% below the average May 2023 detached price in the Rochford local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows four sales for 65 UPWAY since 1st 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. All of the four 65 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 |
---|---|---|---|
2023 22 MAY | £460,000 | £576,548 | 20% below HPI |
2014 22 MAY | £270,000 | £349,101 | 23% below HPI |
2005 29 APR | £250,000 | £285,493 | 12% below HPI |
1995 29 SEP | £71,750 | £91,868 | 22% below HPI |
The below graph shows the average detached house price in the Rochford local authority area over time, sourced from the HPI. The four 65 UPWAY sales between September 1995 and May 2023 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 2014 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2023 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.
65 UPWAY is 93m², which includes one extension, according to the EPC inspection conducted in March 2014. 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 65 UPWAY lies on this distribution: 21% of detached houses are smaller than 65 UPWAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.
65 UPWAY sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 65 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 65 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.
65 UPWAY is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 65 on UPWAY.