3A, BURROWS WAY, RAYLEIGH, SS6 7DF - £275,000

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.

3A BURROWS WAY is a very small terraced house of 85m², built in 2015, which could now be worth an estimated £370,527. It was last sold for £275,000 in December 2015, which was around 12% above the average December 2015 terraced price in the Rochford local authority area. The most recent EPC inspection was December 2015, where the current energy rating was B, and the potential energy rating was A.

3A BURROWS WAY Sold Prices

Land registry data shows three sales for 3A BURROWS WAY 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. All of the three 3A BURROWS WAY 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
2015 22 DEC	£275,000	£246,505	12% above HPI
2011 10 OCT	£250,000	£179,438	39% above HPI
1998 27 MAR	£62,000	£61,187	1% above HPI

3A BURROWS WAY 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 3A BURROWS WAY sales between March 1998 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 October 2011 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the December 2015 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 3A BURROWS WAY be worth now?

3A BURROWS WAY might now be worth an estimated £370,527.

This is based on house price inflation of 34.7%, between December 2015 and April 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 34.7% inflationary increase is applied to the most recent sale price for 3A BURROWS WAY of £275,000 on 22nd December 2015. For the value to have increased from £275,000 to £370,527 over the eleven years and eight months to April 2026, the following assumptions must hold true:

• The value of 3A BURROWS WAY has moved in line with the HPI for terraced houses in the Rochford local authority area.
• The December 2015 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 3A BURROWS WAY has not materially changed since December 2015.

How Large is 3A BURROWS WAY?

3A BURROWS WAY is 85m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 20% 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 3A BURROWS WAY lies on this distribution: 13% of terraced houses houses are smaller than 3A BURROWS WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

3A BURROWS WAY: Plot and Title Map

3A BURROWS WAY sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 3A BURROWS 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 3A BURROWS 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 3A BURROWS WAY?

3A BURROWS WAY is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 3A on BURROWS WAY.