THE HAMMERS, LESLIE GARDENS, RAYLEIGH, SS6 8SZ - £275,000

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 HAMMERS is a small extended detached house of 100m², built sometime between 1983 and 1990. It was last sold for £275,000 in July 2007, which was around 16% below the average July 2007 detached price in the Rochford local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

THE HAMMERS Sold Prices

Land registry data shows two sales for THE HAMMERS 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 HAMMERS 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
2007 6 JUL	£275,000	£327,802	16% below HPI
2002 16 MAY	£160,000	£202,909	21% below HPI

THE HAMMERS 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 HAMMERS sales from May 2002 and July 2007 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 2002 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2007 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is THE HAMMERS?

THE HAMMERS is 100m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 30% of detached houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Rayleigh, and where THE HAMMERS lies on this distribution: 27% of detached houses are smaller than THE HAMMERS, and 71% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

THE HAMMERS: Plot and Title Map

THE HAMMERS sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of THE HAMMERS, 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 HAMMERS). 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 HAMMERS?

THE HAMMERS is located on LESLIE GARDENS in RAYLEIGH, in the SS6 postcode district. The below map shows the position of THE HAMMERS on LESLIE GARDENS.