73, TEMPLE WAY, RAYLEIGH, SS6 9PP - £395,000

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.

73 TEMPLE WAY is a very small extended terraced house of 90m², built sometime between 2007 and 2011, which could now be worth an estimated £469,379. It was last sold for £395,000 in April 2018, which was around 41% above the average April 2018 terraced price in the Rochford local authority area. The most recent EPC inspection was December 2017, where the current energy rating was C, and the potential energy rating was B.

73 TEMPLE WAY Sold Prices

Land registry data shows three sales for 73 TEMPLE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Rochford local authority area for the corresponding sale date. All of the three 73 TEMPLE WAY 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
2018 3 APR	£395,000	£279,503	41% above HPI
2016 22 APR	£355,000	£253,957	40% above HPI
2007 29 JUN	£289,995	£195,692	48% above HPI

73 TEMPLE WAY 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 three 73 TEMPLE WAY sales between June 2007 and April 2018 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 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the April 2018 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 73 TEMPLE WAY be worth now?

73 TEMPLE WAY might now be worth an estimated £469,379.

This is based on house price inflation of 18.8%, between April 2018 and April 2026, 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 18.8% inflationary increase is applied to the most recent sale price for 73 TEMPLE WAY of £395,000 on 3rd April 2018. For the value to have increased from £395,000 to £469,379 over the eight years to April 2026, the following assumptions must hold true:

• The value of 73 TEMPLE WAY has moved in line with the HPI for terraced houses in the Rochford local authority area.
• The April 2018 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 73 TEMPLE WAY has not materially changed since April 2018.

How Large is 73 TEMPLE WAY?

73 TEMPLE WAY is 90m², which includes one extension, according to the EPC inspection conducted in December 2017. 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 73 TEMPLE WAY lies on this distribution: 18% of terraced houses houses are smaller than 73 TEMPLE WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

73 TEMPLE WAY: Plot and Title Map

73 TEMPLE WAY sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 73 TEMPLE 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 73 TEMPLE 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 73 TEMPLE WAY?

73 TEMPLE WAY is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 73 on TEMPLE WAY.