5, SIR WALTER RALEIGH DRIVE, RAYLEIGH, SS6 9JB - £452,000

5 SIR WALTER RALEIGH DRIVE is a small extended detached house of 100m², built sometime between 1950 and 1966. It was last sold for £452,000 in February 2021, which was around 12% below the average February 2021 detached price in the Rochford local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

5 SIR WALTER RALEIGH DRIVE Sold Prices

Land registry data shows two sales for 5 SIR WALTER RALEIGH DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. Both of the two 5 SIR WALTER RALEIGH DRIVE sales were for 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
2021 26 FEB	£452,000	£515,613	12% below HPI
1997 16 MAY	£86,500	£102,173	15% below HPI

5 SIR WALTER RALEIGH 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 two 5 SIR WALTER RALEIGH DRIVE sales from May 1997 and February 2021 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 1997 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 5 SIR WALTER RALEIGH DRIVE?

5 SIR WALTER RALEIGH DRIVE is 100m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the smallest 30% of detached houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Rayleigh, and where 5 SIR WALTER RALEIGH DRIVE lies on this distribution: 28% of detached houses are smaller than 5 SIR WALTER RALEIGH DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

5 SIR WALTER RALEIGH DRIVE: Plot and Title Map

5 SIR WALTER RALEIGH DRIVE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 5 SIR WALTER RALEIGH 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 5 SIR WALTER RALEIGH 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 5 SIR WALTER RALEIGH DRIVE?

5 SIR WALTER RALEIGH DRIVE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 5 on SIR WALTER RALEIGH DRIVE.