7, RONALD DRIVE, RAYLEIGH, SS6 9EB - £283,000

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.

7 RONALD DRIVE is a very small semi-detached house of 61m², built sometime between 1950 and 1966, which could now be worth an estimated £371,504. It was last sold for £283,000 in June 2016, which was around 4% below the average June 2016 semi-detached price in the Rochford local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was D.

7 RONALD DRIVE Sold Prices

Land registry data shows four sales for 7 RONALD DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Rochford local authority area for the corresponding sale date. All of the four 7 RONALD 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
2016 23 JUN	£283,000	£295,627	4% below HPI
2016 22 APR	£285,000	£287,344	1% below HPI
2012 16 MAY	£202,000	£208,095	3% below HPI
2002 12 JUL	£125,000	£134,341	7% below HPI

7 RONALD DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Rochford local authority area over time, sourced from the HPI. The four 7 RONALD DRIVE sales between July 2002 and June 2016 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 April 2016 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2016 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 7 RONALD DRIVE be worth now?

7 RONALD DRIVE might now be worth an estimated £371,504.

This is based on house price inflation of 31.3%, between June 2016 and May 2026, for semi-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 31.3% inflationary increase is applied to the most recent sale price for 7 RONALD DRIVE of £283,000 on 23rd June 2016. For the value to have increased from £283,000 to £371,504 over the ten years and one month to May 2026, the following assumptions must hold true:

• The value of 7 RONALD DRIVE has moved in line with the HPI for semi-detached houses in the Rochford local authority area.
• The June 2016 sale price of £283,000 represented a fair market value for the property.
• The size, condition, and specification of 7 RONALD DRIVE has not materially changed since June 2016.

How Large is 7 RONALD DRIVE?

7 RONALD DRIVE is 61m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 10% of semi-detached houses houses in Rayleigh, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Rayleigh, and where 7 RONALD DRIVE lies on this distribution: 1% of semi-detached houses houses are smaller than 7 RONALD DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

7 RONALD DRIVE: Plot and Title Map

7 RONALD DRIVE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 7 RONALD 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 7 RONALD 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 7 RONALD DRIVE?

7 RONALD DRIVE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 7 on RONALD DRIVE.