22, ELM DRIVE, RAYLEIGH, SS6 8AB - £525,000

22 ELM DRIVE is a midsized extended detached house of 117m², built sometime between 1967 and 1975. It was last sold for £525,000 in September 2020, which was about the average September 2020 detached price in the Rochford local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

22 ELM DRIVE Sold Prices

Land registry data shows three sales for 22 ELM DRIVE 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. The three 22 ELM DRIVE sales were a mix of roughly equal to the average price, and 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
2020 15 SEP	£525,000	£526,697	Close to HPI
2002 5 APR	£169,000	£200,696	16% below HPI
1996 23 FEB	£79,995	£92,146	13% below HPI

22 ELM DRIVE 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 22 ELM DRIVE sales between February 1996 and September 2020 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 2002 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2020 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 22 ELM DRIVE?

22 ELM DRIVE is 117m², which includes two extensions, according to the EPC inspection conducted in July 2019. 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 22 ELM DRIVE lies on this distribution: 46% of detached houses are smaller than 22 ELM DRIVE, and 53% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

22 ELM DRIVE: Plot and Title Map

22 ELM DRIVE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 22 ELM 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 22 ELM 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 22 ELM DRIVE?

22 ELM DRIVE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 22 on ELM DRIVE.