9, THE LAURELS, RAYLEIGH, SS6 7LT - £550,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

9 THE LAURELS is a midsized extended detached house of 119m², built sometime between 1976 and 1982, which could now be worth an estimated £556,505. It was last sold for £550,000 in January 2025, which was around 11% below the average January 2025 detached price in the Rochford local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

9 THE LAURELS Sold Prices

Land registry data shows two sales for 9 THE LAURELS 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 THE LAURELS 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
2025 8 JAN	£550,000	£614,843	11% below HPI
2003 2 MAY	£194,500	£284,807	32% below HPI

9 THE LAURELS 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 THE LAURELS sales from May 2003 and January 2025 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 2003 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the January 2025 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 9 THE LAURELS be worth now?

9 THE LAURELS might now be worth an estimated £556,505.

This is based on house price inflation of 1.2%, between January 2025 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 1.2% inflationary increase is applied to the most recent sale price for 9 THE LAURELS of £550,000 on 8th January 2025. For the value to have increased from £550,000 to £556,505 over the eleven months to February 2025, the following assumptions must hold true:

• The value of 9 THE LAURELS has moved in line with the HPI for detached houses in the Rochford local authority area.
• The January 2025 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 9 THE LAURELS has not materially changed since January 2025.

How Large is 9 THE LAURELS?

9 THE LAURELS is 119m², which includes two extensions, according to the EPC inspection conducted in August 2018. This puts it in the smallest 50% 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 THE LAURELS lies on this distribution: 48% of detached houses houses are smaller than 9 THE LAURELS, and 51% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

9 THE LAURELS: Plot and Title Map

9 THE LAURELS sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 9 THE LAURELS, 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 THE LAURELS). 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 THE LAURELS?

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