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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 HOMESTEAD CLOSE is a midsized extended detached house of 113m², built sometime from 2012 onwards, which could now be worth an estimated £580,792. It was last sold for £550,000 in June 2024, which was around 7% 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	£589,132	7% below HPI
2015 13 JUL	£355,000	£429,104	17% 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 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2024 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 11 HOMESTEAD CLOSE be worth now?

11 HOMESTEAD CLOSE might now be worth an estimated £580,792.

This is based on house price inflation of 5.6%, between June 2024 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 5.6% inflationary increase is applied to the most recent sale price for 11 HOMESTEAD CLOSE of £550,000 on 27th June 2024. For the value to have increased from £550,000 to £580,792 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of 11 HOMESTEAD CLOSE has moved in line with the HPI for detached houses in the Rochford local authority area.
• The June 2024 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 11 HOMESTEAD CLOSE has not materially changed since June 2024.

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 houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rayleigh, and where 11 HOMESTEAD CLOSE lies on this distribution: 41% of detached houses houses are smaller than 11 HOMESTEAD CLOSE, and 58% 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.