Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources
7 RAYLEIGH DRIVE is a very small extended semi-detached house of 75m², built sometime between 1930 and 1949. It was last sold for £299,995 in October 2015, which was around 29% below the average October 2015 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows five sales for 7 RAYLEIGH DRIVE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Southend-on-Sea local authority area for the corresponding sale date. All of the five 7 RAYLEIGH DRIVE 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 |
---|---|---|---|
2015 29 OCT | £299,995 | £420,639 | ![]() 29% below HPI |
2010 1 JUL | £230,000 | £316,894 | ![]() 27% below HPI |
2007 25 MAY | £220,000 | £314,257 | ![]() 30% below HPI |
1999 4 OCT | £65,000 | £130,257 | ![]() 50% below HPI |
1997 7 OCT | £54,995 | £109,231 | ![]() 50% below HPI |
The below graph shows the average detached house price in the Southend-on-Sea local authority area over time, sourced from the HPI. The five 7 RAYLEIGH DRIVE sales between October 1997 and October 2015 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 July 2010 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2015 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.
7 RAYLEIGH DRIVE is 75m², which includes one extension, according to the EPC inspection conducted in November 2009. This puts it in the smallest 20% of detached houses in Southend-on-Sea, based on EPC data. The below chart shows the distribution of detached houses by size in Southend-on-Sea, and where 7 RAYLEIGH DRIVE lies on this distribution: 11% of detached houses are smaller than 7 RAYLEIGH DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.
7 RAYLEIGH DRIVE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 7 RAYLEIGH DRIVE, 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 7 RAYLEIGH DRIVE). 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.
7 RAYLEIGH DRIVE is located in LEIGH-ON-SEA, in the SS9 postcode district. The below map shows the position of No. 7 on RAYLEIGH DRIVE.