RAYLEIGH, WRENS ROAD, BORDEN, SITTINGBOURNE, ME9 8JE - £285,000

RAYLEIGH is a midsized extended detached house of 121m², built sometime between 1930 and 1949. It was last sold for £285,000 in May 2012, which was around 11% above the average May 2012 detached price in the Swale local authority area. The most recent EPC inspection was June 2014, where the current energy rating was F, and the potential energy rating was B.

RAYLEIGH Sold Prices

Land registry data shows three sales for RAYLEIGH since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Swale local authority area for the corresponding sale date. Two of the three RAYLEIGH sales were for above the average price, whilst one was 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
2012 30 MAY	£285,000	£257,738	11% above HPI
2007 7 SEP	£310,000	£276,110	12% above HPI
2002 13 FEB	£160,000	£160,884	1% below HPI

RAYLEIGH Price Paid vs. HPI Average

The below graph shows the average detached house price in the Swale local authority area over time, sourced from the HPI. The three RAYLEIGH sales between February 2002 and May 2012 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 September 2007 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the May 2012 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is RAYLEIGH?

RAYLEIGH is 121m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 50% of detached houses in Borden, based on EPC data. The below chart shows the distribution of detached houses by size in Borden, and where RAYLEIGH lies on this distribution: 41% of detached houses are smaller than RAYLEIGH, and 59% of houses are larger. Note that EPC data is not available for all properties in Borden.

RAYLEIGH: Plot and Title Map

RAYLEIGH sits on a plot of roughly 0.167 of an acre, or 676m². The below map shows the location of RAYLEIGH, 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 RAYLEIGH). 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 RAYLEIGH?

RAYLEIGH is located on WRENS ROAD in BORDEN, in the ME9 postcode district. The below map shows the position of RAYLEIGH on WRENS ROAD.