11, HOMESTEAD CLOSE, RAYLEIGH, SS6 8FE - £550,000

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

11 HOMESTEAD CLOSE is a midsized extended detached house of 113m², built sometime from 2012 onwards. It was last sold for £550,000 in June 2024, which was around 5% below the average June 2024 detached price in the Rochford local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

11 HOMESTEAD CLOSE Sold Prices

Land registry data shows two sales for 11 HOMESTEAD CLOSE 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 11 HOMESTEAD 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
2024 27 JUN	£550,000	£580,532	5% below HPI
2015 13 JUL	£355,000	£401,470	12% below HPI

11 HOMESTEAD 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 two 11 HOMESTEAD CLOSE sales from July 2015 and June 2024 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 2015 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2024 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 11 HOMESTEAD CLOSE?

11 HOMESTEAD CLOSE is 113m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the smallest 50% of detached houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Rayleigh, and where 11 HOMESTEAD CLOSE lies on this distribution: 41% of detached houses are smaller than 11 HOMESTEAD CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

11 HOMESTEAD CLOSE: Plot and Title Map

11 HOMESTEAD CLOSE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 11 HOMESTEAD 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 11 HOMESTEAD 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 11 HOMESTEAD CLOSE?

11 HOMESTEAD CLOSE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 11 on HOMESTEAD CLOSE.