2, RAY WALK, LEIGH-ON-SEA, SS9 2NP - £475,000

2 RAY WALK is a very small detached house of 83m², built sometime between 1900 and 1929. It was last sold for £475,000 in March 2018, which was around 7% below the average March 2018 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was B.

2 RAY WALK Sold Prices

Land registry data shows three sales for 2 RAY WALK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Southend-on-Sea local authority area for the corresponding sale date. Two of the three 2 RAY WALK sales were for below the average price, whilst one was 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
2018 2 MAR	£475,000	£513,461	7% below HPI
2017 31 MAR	£450,000	£471,377	5% below HPI
1999 17 DEC	£143,000	£136,722	5% above HPI

2 RAY WALK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Southend-on-Sea local authority area over time, sourced from the HPI. The three 2 RAY WALK sales between December 1999 and March 2018 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 March 2017 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2018 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 2 RAY WALK?

2 RAY WALK is 83m² according to the EPC inspection conducted in March 2017. 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 2 RAY WALK lies on this distribution: 17% of detached houses are smaller than 2 RAY WALK, and 82% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

2 RAY WALK: Plot and Title Map

2 RAY WALK sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 2 RAY WALK, 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 RAY WALK). 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 RAY WALK?

2 RAY WALK is located in LEIGH-ON-SEA, in the SS9 postcode district. The below map shows the position of No. 2 on RAY WALK.