16, WELLSFIELD, RAYLEIGH, SS6 8DW - £351,500

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.

16 WELLSFIELD is a midsized extended detached house of 122m², built sometime between 1996 and 2002, which could now be worth an estimated £645,298. It was last sold for £351,500 in November 2012, which was around 4% above the average November 2012 detached price in the Rochford local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was C.

16 WELLSFIELD Sold Prices

Land registry data shows two sales for 16 WELLSFIELD 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 16 WELLSFIELD sales were 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
2012 9 NOV	£351,500	£338,872	4% above HPI
1996 21 NOV	£139,000	£104,633	33% above HPI

16 WELLSFIELD 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 16 WELLSFIELD sales from November 1996 and November 2012 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 November 1996 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the November 2012 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 16 WELLSFIELD be worth now?

16 WELLSFIELD might now be worth an estimated £645,298.

This is based on house price inflation of 83.6%, between November 2012 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 83.6% inflationary increase is applied to the most recent sale price for 16 WELLSFIELD of £351,500 on 9th November 2012. For the value to have increased from £351,500 to £645,298 over the thirteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 16 WELLSFIELD has moved in line with the HPI for detached houses in the Rochford local authority area.
• The November 2012 sale price of £351,500 represented a fair market value for the property.
• The size, condition, and specification of 16 WELLSFIELD has not materially changed since November 2012.

How Large is 16 WELLSFIELD?

16 WELLSFIELD is 122m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the largest 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 16 WELLSFIELD lies on this distribution: 52% of detached houses houses are smaller than 16 WELLSFIELD, and 47% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

16 WELLSFIELD: Plot and Title Map

16 WELLSFIELD sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 16 WELLSFIELD, 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 16 WELLSFIELD). 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 16 WELLSFIELD?

16 WELLSFIELD is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 16 on WELLSFIELD.