70, CHEAPSIDE WEST, RAYLEIGH, SS6 9DE - £353,000

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

70 CHEAPSIDE WEST is a very small detached house of 76m², built sometime between 1996 and 2002. It was last sold for £353,000 in March 2018, which was around 28% below the average March 2018 detached price in the Rochford local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

70 CHEAPSIDE WEST Sold Prices

Land registry data shows four sales for 70 CHEAPSIDE WEST since 1^st 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 70 CHEAPSIDE WEST 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 22 MAR	£353,000	£490,200	28% below HPI
2003 22 OCT	£206,000	£272,771	24% below HPI
2001 30 APR	£137,000	£177,223	23% below HPI
1999 12 NOV	£107,950	£134,116	20% below HPI

70 CHEAPSIDE WEST 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 four 70 CHEAPSIDE WEST sales between November 1999 and March 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 October 2003 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2018 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 70 CHEAPSIDE WEST?

70 CHEAPSIDE WEST is 76m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 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 70 CHEAPSIDE WEST lies on this distribution: 7% of detached houses are smaller than 70 CHEAPSIDE WEST, and 92% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

70 CHEAPSIDE WEST: Plot and Title Map

70 CHEAPSIDE WEST sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 70 CHEAPSIDE WEST, 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 70 CHEAPSIDE WEST). 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 70 CHEAPSIDE WEST?

70 CHEAPSIDE WEST is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 70 on CHEAPSIDE WEST.