LOWLIGHTS, RAYLEIGH DOWNS ROAD, RAYLEIGH, SS6 7LP - £360,000

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

LOWLIGHTS is a very small detached house of 64m². It was last sold for £360,000 in February 2024, which was around 35% below the average February 2024 detached price in the Rochford local authority area. The most recent EPC inspection was August 2018, where the current energy rating was B, and the potential energy rating was A.

LOWLIGHTS Sold Prices

Land registry data shows four sales for LOWLIGHTS 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 LOWLIGHTS 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 16 FEB	£360,000	£550,334	35% below HPI
2023 26 JUN	£328,000	£573,033	43% below HPI
2019 15 FEB	£322,500	£525,588	39% below HPI
2017 30 JUN	£150,000	£493,067	70% below HPI

LOWLIGHTS 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 LOWLIGHTS sales between June 2017 and February 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 2023 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the February 2024 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is LOWLIGHTS?

LOWLIGHTS is 64m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 10% 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 LOWLIGHTS lies on this distribution: 4% of detached houses are smaller than LOWLIGHTS, and 95% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

LOWLIGHTS: Plot and Title Map

LOWLIGHTS sits on a plot of roughly 0.360 of an acre, or 1,455m². The below map shows the location of LOWLIGHTS, 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 LOWLIGHTS). 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 LOWLIGHTS?

LOWLIGHTS is located on RAYLEIGH DOWNS ROAD in RAYLEIGH, in the SS6 postcode district. The below map shows the position of LOWLIGHTS on RAYLEIGH DOWNS ROAD.