5, PARKWAY, RAYLEIGH, SS6 7PF - £245,000

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.

5 PARKWAY is a very small terraced house of 88m², built sometime between 1950 and 1966, which could now be worth an estimated £423,655. It was last sold for £245,000 in October 2010, which was around 31% above the average October 2010 terraced price in the Rochford local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was D.

5 PARKWAY Sold Prices

Land registry data shows two sales for 5 PARKWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Rochford local authority area for the corresponding sale date. Both of the two 5 PARKWAY 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
2010 25 OCT	£245,000	£186,823	31% above HPI
2007 18 MAY	£240,000	£192,422	25% above HPI

5 PARKWAY 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 two 5 PARKWAY sales from May 2007 and October 2010 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 May 2007 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the October 2010 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 5 PARKWAY be worth now?

5 PARKWAY might now be worth an estimated £423,655.

This is based on house price inflation of 72.9%, between October 2010 and June 2025, 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 72.9% inflationary increase is applied to the most recent sale price for 5 PARKWAY of £245,000 on 25th October 2010. For the value to have increased from £245,000 to £423,655 over the fifteen years and four months to June 2025, the following assumptions must hold true:

• The value of 5 PARKWAY has moved in line with the HPI for terraced houses in the Rochford local authority area.
• The October 2010 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PARKWAY has not materially changed since October 2010.

How Large is 5 PARKWAY?

5 PARKWAY is 88m² according to the EPC inspection conducted in May 2010. 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 5 PARKWAY lies on this distribution: 16% of terraced houses houses are smaller than 5 PARKWAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

5 PARKWAY: Plot and Title Map

5 PARKWAY sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 5 PARKWAY, 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 5 PARKWAY). 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 5 PARKWAY?

5 PARKWAY is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 5 on PARKWAY.