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

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 WELLSFIELD is a large detached house of 142m², built sometime between 1983 and 1990, which could now be worth an estimated £723,523. It was last sold for £622,500 in October 2017, which was around 16% 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	£535,251	16% above HPI
2006 12 JAN	£370,000	£311,364	19% 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 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the October 2017 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 1 WELLSFIELD be worth now?

1 WELLSFIELD might now be worth an estimated £723,523.

This is based on house price inflation of 16.2%, between October 2017 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 16.2% inflationary increase is applied to the most recent sale price for 1 WELLSFIELD of £622,500 on 3rd October 2017. For the value to have increased from £622,500 to £723,523 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 WELLSFIELD has moved in line with the HPI for detached houses in the Rochford local authority area.
• The October 2017 sale price of £622,500 represented a fair market value for the property.
• The size, condition, and specification of 1 WELLSFIELD has not materially changed since October 2017.

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 houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rayleigh, and where 1 WELLSFIELD lies on this distribution: 69% of detached houses 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.