64, CHEAPSIDE WEST, RAYLEIGH, SS6 9DE - £345,000

64 CHEAPSIDE WEST is a very small detached house of 75m², built sometime between 1996 and 2002. It was last sold for £345,000 in August 2017, which was around 31% below the average August 2017 detached price in the Rochford local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

64 CHEAPSIDE WEST Sold Prices

Land registry data shows four sales for 64 CHEAPSIDE WEST 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. All of the four 64 CHEAPSIDE WEST 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
2017 31 AUG	£345,000	£498,356	31% below HPI
2011 1 AUG	£250,000	£314,500	21% below HPI
2006 10 APR	£245,000	£296,528	17% below HPI
1999 1 JUN	£104,950	£122,917	15% below HPI

64 CHEAPSIDE WEST 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 64 CHEAPSIDE WEST sales between June 1999 and August 2017 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 August 2011 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2017 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 64 CHEAPSIDE WEST?

64 CHEAPSIDE WEST is 75m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 10% of detached houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Rayleigh, and where 64 CHEAPSIDE WEST lies on this distribution: 7% of detached houses are smaller than 64 CHEAPSIDE WEST, and 93% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

64 CHEAPSIDE WEST: Plot and Title Map

64 CHEAPSIDE WEST sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 64 CHEAPSIDE WEST, 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 64 CHEAPSIDE WEST). 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 64 CHEAPSIDE WEST?

64 CHEAPSIDE WEST is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 64 on CHEAPSIDE WEST.