1, FALCON CLOSE, RAYLEIGH, SS6 9BH - £202,000

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.

1 FALCON CLOSE is a very small detached house of 71m², built sometime between 1996 and 2002, which could now be worth an estimated £417,959. It was last sold for £202,000 in July 2004, which was around 33% below the average July 2004 detached price in the Rochford local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

1 FALCON CLOSE Sold Prices

Land registry data shows four sales for 1 FALCON CLOSE 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 1 FALCON CLOSE 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
2004 9 JUL	£202,000	£300,669	33% below HPI
2002 22 JUL	£135,000	£227,873	41% below HPI
2000 20 APR	£122,000	£156,353	22% below HPI
1996 26 JUL	£78,950	£98,498	20% below HPI

1 FALCON CLOSE 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 1 FALCON CLOSE sales between July 1996 and July 2004 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 July 2002 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the July 2004 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 1 FALCON CLOSE be worth now?

1 FALCON CLOSE might now be worth an estimated £417,959.

This is based on house price inflation of 106.9%, between July 2004 and February 2025, for 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 106.9% inflationary increase is applied to the most recent sale price for 1 FALCON CLOSE of £202,000 on 9th July 2004. For the value to have increased from £202,000 to £417,959 over the 21 years and five months to February 2025, the following assumptions must hold true:

• The value of 1 FALCON CLOSE has moved in line with the HPI for detached houses in the Rochford local authority area.
• The July 2004 sale price of £202,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FALCON CLOSE has not materially changed since July 2004.

How Large is 1 FALCON CLOSE?

1 FALCON CLOSE is 71m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 10% of detached houses houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rayleigh, and where 1 FALCON CLOSE lies on this distribution: 5% of detached houses houses are smaller than 1 FALCON CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

1 FALCON CLOSE: Plot and Title Map

1 FALCON CLOSE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 1 FALCON CLOSE, 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 1 FALCON CLOSE). 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 1 FALCON CLOSE?

1 FALCON CLOSE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 1 on FALCON CLOSE.