9, LEASWAY, RAYLEIGH, SS6 7DW - £590,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

9 LEASWAY is a very large extended detached house of 186m², built sometime between 1950 and 1966, which could now be worth an estimated £604,724. It was last sold for £590,000 in August 2024, which was around 3% below the average August 2024 detached price in the Rochford local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

9 LEASWAY Sold Prices

Land registry data shows two sales for 9 LEASWAY 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 9 LEASWAY 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
2024 23 AUG	£590,000	£606,968	3% below HPI
2005 7 JUN	£216,500	£311,548	31% below HPI

9 LEASWAY 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 9 LEASWAY sales from June 2005 and August 2024 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 June 2005 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2024 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 9 LEASWAY be worth now?

9 LEASWAY might now be worth an estimated £604,724.

This is based on house price inflation of 2.5%, between August 2024 and February 2025, for detached houses, in the Rochford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.5% inflationary increase is applied to the most recent sale price for 9 LEASWAY of £590,000 on 23rd August 2024. For the value to have increased from £590,000 to £604,724 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of 9 LEASWAY has moved in line with the HPI for detached houses in the Rochford local authority area.
• The August 2024 sale price of £590,000 represented a fair market value for the property.
• The size, condition, and specification of 9 LEASWAY has not materially changed since August 2024.

How Large is 9 LEASWAY?

9 LEASWAY is 186m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 10% of detached houses houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rayleigh, and where 9 LEASWAY lies on this distribution: 90% of detached houses houses are smaller than 9 LEASWAY, and 10% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

9 LEASWAY: Plot and Title Map

9 LEASWAY sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 9 LEASWAY, 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 9 LEASWAY). 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 9 LEASWAY?

9 LEASWAY is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 9 on LEASWAY.