2, LEASWAY, RAYLEIGH, SS6 7DW - £420,000

2 LEASWAY is a midsized extended detached house of 118m², built sometime between 1950 and 1966. It was last sold for £420,000 in April 2013, which was around 27% above the average April 2013 detached price in the Rochford local authority area. The most recent EPC inspection was April 2012, where the current energy rating was E, and the potential energy rating was D.

2 LEASWAY Sold Prices

Land registry data shows three sales for 2 LEASWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. All of the three 2 LEASWAY 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
2013 5 APR	£420,000	£330,529	27% above HPI
2010 27 MAY	£390,000	£321,577	21% above HPI
2005 8 NOV	£362,000	£293,110	24% above HPI

2 LEASWAY 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 three 2 LEASWAY sales between November 2005 and April 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 May 2010 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the April 2013 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 2 LEASWAY?

2 LEASWAY is 118m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the smallest 50% of detached houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Rayleigh, and where 2 LEASWAY lies on this distribution: 47% of detached houses are smaller than 2 LEASWAY, and 52% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

2 LEASWAY: Plot and Title Map

2 LEASWAY sits on a plot of roughly 0.146 of an acre, or 590m². The below map shows the location of 2 LEASWAY, 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 2 LEASWAY). 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 2 LEASWAY?

2 LEASWAY is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 2 on LEASWAY.