Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 IRONWELL CLOSE is a small detached house of 93m², built sometime from 2007 onwards. It was last sold for £250,000 in December 2011, which was around 20% below the average December 2011 detached price in the Rochford local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 1 IRONWELL CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. All of the three 1 IRONWELL 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 |
---|---|---|---|
2011 12 DEC | £250,000 | £314,184 | 20% below HPI |
2011 23 MAY | £250,000 | £324,592 | 23% below HPI |
2009 17 DEC | £246,995 | £306,605 | 19% below HPI |
The below graph shows the average detached house price in the Rochford local authority area over time, sourced from the HPI. The three 1 IRONWELL CLOSE sales between December 2009 and December 2011 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 May 2011 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2011 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.
1 IRONWELL CLOSE is 93m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 30% of detached houses in Rochford, based on EPC data. The below chart shows the distribution of detached houses by size in Rochford, and where 1 IRONWELL CLOSE lies on this distribution: 22% of detached houses are smaller than 1 IRONWELL CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Rochford.
1 IRONWELL CLOSE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 1 IRONWELL 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 IRONWELL 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.
1 IRONWELL CLOSE is located in ROCHFORD, in the SS4 postcode district. The below map shows the position of No. 1 on IRONWELL CLOSE.