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
14 FALCON CLOSE is a midsized detached house of 126m², built sometime between 1996 and 2002. It was last sold for £287,500 in June 2006, which was around 2% below the average June 2006 detached price in the Rochford local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows three sales for 14 FALCON CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. Two of the three 14 FALCON CLOSE sales were for below the average price, whilst one was 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 |
---|---|---|---|
2006 30 JUN | £287,500 | £292,154 | 2% below HPI |
2001 7 SEP | £190,000 | £192,651 | 1% below HPI |
1996 31 AUG | £115,000 | £95,674 | 20% above HPI |
The below graph shows the average detached house price in the Rochford local authority area over time, sourced from the HPI. The three 14 FALCON CLOSE sales between August 1996 and June 2006 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 September 2001 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2006 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.
14 FALCON CLOSE is 126m² according to the EPC inspection conducted in March 2012. This puts it in the largest 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 14 FALCON CLOSE lies on this distribution: 57% of detached houses are smaller than 14 FALCON CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.
14 FALCON CLOSE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 14 FALCON 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 14 FALCON 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.
14 FALCON CLOSE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 14 on FALCON CLOSE.