15, RONALD DRIVE, RAYLEIGH, SS6 9EB - £395,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 RONALD DRIVE is a small extended terraced house of 112m², built sometime between 1950 and 1966, which could now be worth an estimated £476,902. It was last sold for £395,000 in June 2017, which was around 41% above the average June 2017 terraced price in the Rochford local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

15 RONALD DRIVE Sold Prices

Land registry data shows three sales for 15 RONALD DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Rochford local authority area for the corresponding sale date. Two of the three 15 RONALD DRIVE sales were for above the average price, whilst one was 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
2017 19 JUN	£395,000	£279,391	41% above HPI
2011 31 AUG	£85,000	£183,215	54% below HPI
2004 23 JUL	£181,000	£162,500	11% above HPI

15 RONALD DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Rochford local authority area over time, sourced from the HPI. The three 15 RONALD DRIVE sales between July 2004 and June 2017 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 August 2011 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the June 2017 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 15 RONALD DRIVE be worth now?

15 RONALD DRIVE might now be worth an estimated £476,902.

This is based on house price inflation of 20.7%, between June 2017 and May 2026, for terraced 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 20.7% inflationary increase is applied to the most recent sale price for 15 RONALD DRIVE of £395,000 on 19th June 2017. For the value to have increased from £395,000 to £476,902 over the nine years and one month to May 2026, the following assumptions must hold true:

• The value of 15 RONALD DRIVE has moved in line with the HPI for terraced houses in the Rochford local authority area.
• The June 2017 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 15 RONALD DRIVE has not materially changed since June 2017.

How Large is 15 RONALD DRIVE?

15 RONALD DRIVE is 112m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 40% of terraced houses houses in Rayleigh, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Rayleigh, and where 15 RONALD DRIVE lies on this distribution: 40% of terraced houses houses are smaller than 15 RONALD DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

15 RONALD DRIVE: Plot and Title Map

15 RONALD DRIVE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 15 RONALD DRIVE, 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 15 RONALD DRIVE). 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 15 RONALD DRIVE?

15 RONALD DRIVE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 15 on RONALD DRIVE.