15, SHERIDAN CLOSE, RAYLEIGH, SS6 8YR - £440,000

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

15 SHERIDAN CLOSE is a very small detached house of 90m², built sometime between 1976 and 1982. It was last sold for £440,000 in April 2022, which was around 21% below the average April 2022 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 B.

15 SHERIDAN CLOSE Sold Prices

Land registry data shows two sales for 15 SHERIDAN 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 15 SHERIDAN 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
2022 22 APR	£440,000	£555,792	21% below HPI
2018 15 FEB	£370,000	£481,537	23% below HPI

15 SHERIDAN 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 15 SHERIDAN CLOSE sales from February 2018 and April 2022 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 February 2018 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2022 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 15 SHERIDAN CLOSE?

15 SHERIDAN CLOSE is 90m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 20% of detached houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Rayleigh, and where 15 SHERIDAN CLOSE lies on this distribution: 18% of detached houses are smaller than 15 SHERIDAN CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

15 SHERIDAN CLOSE: Plot and Title Map

15 SHERIDAN CLOSE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 15 SHERIDAN 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 15 SHERIDAN 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 15 SHERIDAN CLOSE?

15 SHERIDAN CLOSE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 15 on SHERIDAN CLOSE.