1, LODGELANDS CLOSE, RAYLEIGH, SS6 8TN - £490,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 LODGELANDS CLOSE is a small extended detached house of 106m², built sometime between 1967 and 1975, which could now be worth an estimated £513,151. It was last sold for £490,000 in April 2022, which was around 18% below the average April 2022 detached price in the Rochford local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

1 LODGELANDS CLOSE Sold Prices

Land registry data shows three sales for 1 LODGELANDS CLOSE since 1^st 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 LODGELANDS 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
2022 14 APR	£490,000	£594,048	18% below HPI
2005 14 OCT	£250,000	£316,367	21% below HPI
2002 19 JUN	£194,000	£221,737	13% below HPI

1 LODGELANDS 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 three 1 LODGELANDS CLOSE sales between June 2002 and April 2022 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 October 2005 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 1 LODGELANDS CLOSE be worth now?

1 LODGELANDS CLOSE might now be worth an estimated £513,151.

This is based on house price inflation of 4.7%, between April 2022 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 4.7% inflationary increase is applied to the most recent sale price for 1 LODGELANDS CLOSE of £490,000 on 14th April 2022. For the value to have increased from £490,000 to £513,151 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 1 LODGELANDS CLOSE has moved in line with the HPI for detached houses in the Rochford local authority area.
• The April 2022 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LODGELANDS CLOSE has not materially changed since April 2022.

How Large is 1 LODGELANDS CLOSE?

1 LODGELANDS CLOSE is 106m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the smallest 40% 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 LODGELANDS CLOSE lies on this distribution: 33% of detached houses houses are smaller than 1 LODGELANDS CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

1 LODGELANDS CLOSE: Plot and Title Map

1 LODGELANDS CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 1 LODGELANDS 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 LODGELANDS 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 LODGELANDS CLOSE?

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