71, BULL LANE, RAYLEIGH, SS6 8LD - £395,000

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

71 BULL LANE is a very small extended detached house of 82m², built sometime between 1930 and 1949. It was last sold for £395,000 in October 2017, which was around 21% below the average October 2017 detached price in the Rochford local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

71 BULL LANE Sold Prices

Land registry data shows two sales for 71 BULL LANE 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 71 BULL LANE 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
2017 26 OCT	£395,000	£500,782	21% below HPI
2004 8 JAN	£239,500	£272,630	12% below HPI

71 BULL LANE 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 71 BULL LANE sales from January 2004 and October 2017 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 January 2004 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2017 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 71 BULL LANE?

71 BULL LANE is 82m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 20% of detached houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Rayleigh, and where 71 BULL LANE lies on this distribution: 11% of detached houses are smaller than 71 BULL LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

71 BULL LANE: Plot and Title Map

71 BULL LANE sits on a plot of roughly 0.152 of an acre, or 613m². The below map shows the location of 71 BULL LANE, 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 71 BULL LANE). 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 71 BULL LANE?

71 BULL LANE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 71 on BULL LANE.