47, LABURNUM WAY, RAYLEIGH, SS6 9GN - £290,000

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.

47 LABURNUM WAY is a midsized detached house of 124m², built sometime between 1996 and 2002, which could now be worth an estimated £511,328. It was last sold for £290,000 in April 2011, which was around 16% below the average April 2011 detached price in the Rochford local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

47 LABURNUM WAY Sold Prices

Land registry data shows four sales for 47 LABURNUM WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. The four 47 LABURNUM WAY sales were a mix of below the average price, and roughly equal to 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
2011 8 APR	£290,000	£345,898	16% below HPI
2010 15 JUN	£296,000	£348,888	15% below HPI
2008 20 MAR	£319,995	£363,859	12% below HPI
1999 20 MAY	£130,000	£129,677	Close to HPI

47 LABURNUM 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 four 47 LABURNUM WAY sales between May 1999 and April 2011 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 June 2010 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2011 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 47 LABURNUM WAY be worth now?

47 LABURNUM WAY might now be worth an estimated £511,328.

This is based on house price inflation of 76.3%, between April 2011 and March 2025, for detached 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 76.3% inflationary increase is applied to the most recent sale price for 47 LABURNUM WAY of £290,000 on 8th April 2011. For the value to have increased from £290,000 to £511,328 over the fourteen years and one month to March 2025, the following assumptions must hold true:

• The value of 47 LABURNUM WAY has moved in line with the HPI for detached houses in the Rochford local authority area.
• The April 2011 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 47 LABURNUM WAY has not materially changed since April 2011.

How Large is 47 LABURNUM WAY?

47 LABURNUM WAY is 124m² according to the EPC inspection conducted in July 2009. This puts it in the largest 50% of detached houses houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rayleigh, and where 47 LABURNUM WAY lies on this distribution: 54% of detached houses houses are smaller than 47 LABURNUM WAY, and 46% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

47 LABURNUM WAY: Plot and Title Map

47 LABURNUM WAY sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 47 LABURNUM 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 47 LABURNUM 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 47 LABURNUM WAY?

47 LABURNUM WAY is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 47 on LABURNUM WAY.