11, KNIVET CLOSE, RAYLEIGH, SS6 8PD - £310,000

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

11 KNIVET CLOSE is a small extended detached house of 105m², built sometime between 1967 and 1975, which could now be worth an estimated £485,336. It was last sold for £310,000 in October 2014, which was around 22% below the average October 2014 detached price in the Rochford local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

11 KNIVET CLOSE Sold Prices

Land registry data shows two sales for 11 KNIVET 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 KNIVET 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
2014 29 OCT	£310,000	£397,365	22% below HPI
2001 25 JAN	£161,000	£177,170	9% below HPI

11 KNIVET 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 KNIVET CLOSE sales from January 2001 and October 2014 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 2001 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2014 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 11 KNIVET CLOSE be worth now?

11 KNIVET CLOSE might now be worth an estimated £485,336.

This is based on house price inflation of 56.6%, between October 2014 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 56.6% inflationary increase is applied to the most recent sale price for 11 KNIVET CLOSE of £310,000 on 29th October 2014. For the value to have increased from £310,000 to £485,336 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 11 KNIVET CLOSE has moved in line with the HPI for detached houses in the Rochford local authority area.
• The October 2014 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 11 KNIVET CLOSE has not materially changed since October 2014.

How Large is 11 KNIVET CLOSE?

11 KNIVET CLOSE is 105m², which includes one extension, according to the EPC inspection conducted in July 2013. 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 11 KNIVET CLOSE lies on this distribution: 32% of detached houses houses are smaller than 11 KNIVET CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

11 KNIVET CLOSE: Plot and Title Map

11 KNIVET CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 11 KNIVET 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 KNIVET 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 KNIVET CLOSE?

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