1, WELLSFIELD, RAYLEIGH, SS6 8DW - £622,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 WELLSFIELD is a large detached house of 142m², built sometime between 1983 and 1990. It was last sold for £622,500 in October 2017, which was around 24% above the average October 2017 detached price in the Rochford local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

1 WELLSFIELD Sold Prices

Land registry data shows two sales for 1 WELLSFIELD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. Both of the two 1 WELLSFIELD 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
2017 3 OCT	£622,500	£500,782	24% above HPI
2006 12 JAN	£370,000	£291,313	27% above HPI

1 WELLSFIELD 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 two 1 WELLSFIELD sales from January 2006 and October 2017 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 January 2006 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the October 2017 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 1 WELLSFIELD?

1 WELLSFIELD is 142m² according to the EPC inspection conducted in June 2017. This puts it in the largest 40% of detached houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Rayleigh, and where 1 WELLSFIELD lies on this distribution: 69% of detached houses are smaller than 1 WELLSFIELD, and 30% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

1 WELLSFIELD: Plot and Title Map

1 WELLSFIELD sits on a plot of roughly 0.188 of an acre, or 759m². The below map shows the location of 1 WELLSFIELD, 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 WELLSFIELD). 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 WELLSFIELD?

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