2, LINCOLN WAY, RAYLEIGH, SS6 9QN - £338,000

2 LINCOLN WAY is a very small detached house of 84m², built sometime between 1983 and 1990. It was last sold for £338,000 in December 2015, which was around 21% below the average December 2015 detached price in the Rochford local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

2 LINCOLN WAY Sold Prices

Land registry data shows two sales for 2 LINCOLN WAY 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 2 LINCOLN WAY 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
2015 16 DEC	£338,000	£429,133	21% below HPI
1996 15 NOV	£90,000	£97,895	8% below HPI

2 LINCOLN WAY 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 2 LINCOLN WAY sales from November 1996 and December 2015 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 November 1996 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2015 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 2 LINCOLN WAY?

2 LINCOLN WAY is 84m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 20% 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 LINCOLN WAY lies on this distribution: 13% of detached houses are smaller than 2 LINCOLN WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

2 LINCOLN WAY: Plot and Title Map

2 LINCOLN WAY sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 2 LINCOLN WAY, 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 LINCOLN WAY). 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 LINCOLN WAY?

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