12, RAYLEIGH AVENUE, LEIGH-ON-SEA, SS9 5DR - £315,000

12 RAYLEIGH AVENUE is a very small detached house of 83m², built sometime between 1930 and 1949. It was last sold for £315,000 in May 2013, which was around 5% below the average May 2013 detached price in the Rochford local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

12 RAYLEIGH AVENUE Sold Prices

Land registry data shows four sales for 12 RAYLEIGH AVENUE 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 12 RAYLEIGH AVENUE 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
2013 17 MAY	£315,000	£330,645	5% below HPI
2003 10 APR	£242,000	£261,404	7% below HPI
1997 1 JUL	£93,500	£104,413	10% below HPI
1995 15 SEP	£86,000	£91,868	6% below HPI

12 RAYLEIGH AVENUE 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 12 RAYLEIGH AVENUE sales between September 1995 and May 2013 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 April 2003 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2013 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 12 RAYLEIGH AVENUE?

12 RAYLEIGH AVENUE is 83m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 20% 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 12 RAYLEIGH AVENUE lies on this distribution: 17% of detached houses are smaller than 12 RAYLEIGH AVENUE, and 82% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

12 RAYLEIGH AVENUE: Plot and Title Map

12 RAYLEIGH AVENUE sits on a plot of roughly 0.128 of an acre, or 519m². The below map shows the location of 12 RAYLEIGH AVENUE, 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 12 RAYLEIGH AVENUE). 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 12 RAYLEIGH AVENUE?

12 RAYLEIGH AVENUE is located in LEIGH-ON-SEA, in the SS9 postcode district. The below map shows the position of No. 12 on RAYLEIGH AVENUE.