THE ELMS, WARWICK ROAD, RAYLEIGH, SS6 8XE - £950,000

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

THE ELMS is a large extended detached house of 165m², built sometime between 1983 and 1990. It was last sold for £950,000 in July 2019, which was around 85% above the average July 2019 detached price in the Rochford local authority area. The most recent EPC inspection was April 2016, where the current energy rating was B, and the potential energy rating was B.

THE ELMS Sold Prices

Land registry data shows two sales for THE ELMS 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 THE ELMS sales were for above 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
2019 26 JUL	£950,000	£514,530	85% above HPI
2008 20 JUN	£520,000	£343,630	51% above HPI

THE ELMS 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 THE ELMS sales from June 2008 and July 2019 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 2008 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the July 2019 sale, where it rises to 85% above the HPI. The line then continues to track at 85% above the HPI.

How Large is THE ELMS?

THE ELMS is 165m², which includes four extensions, according to the EPC inspection conducted in April 2016. This puts it in the largest 30% 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 THE ELMS lies on this distribution: 77% of detached houses are smaller than THE ELMS, and 23% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

THE ELMS: Plot and Title Map

THE ELMS sits on a plot of roughly 1.5 acres, or 6,263m². The below map shows the location of THE ELMS, 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 THE ELMS). 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 THE ELMS?

THE ELMS is located on WARWICK ROAD in RAYLEIGH, in the SS6 postcode district. The below map shows the position of THE ELMS on WARWICK ROAD.