18, FALCON CLOSE, RAYLEIGH, SS6 9BH - £263,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

18 FALCON CLOSE is a small detached house of 99m², built sometime between 1996 and 2002. It was last sold for £263,000 in March 2012, which was around 17% below the average March 2012 detached price in the Rochford local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

18 FALCON CLOSE Sold Prices

Land registry data shows three sales for 18 FALCON CLOSE since 1^st 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. All of the three 18 FALCON 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
2012 29 MAR	£263,000	£315,529	17% below HPI
2003 20 JUN	£212,000	£264,701	20% below HPI
1996 30 AUG	£85,000	£95,674	11% below HPI

18 FALCON 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 three 18 FALCON CLOSE sales between August 1996 and March 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 June 2003 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2012 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 18 FALCON CLOSE?

18 FALCON CLOSE is 99m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 30% of detached houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Rayleigh, and where 18 FALCON CLOSE lies on this distribution: 26% of detached houses are smaller than 18 FALCON CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

18 FALCON CLOSE: Plot and Title Map

18 FALCON CLOSE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 18 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 18 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.

Where is 18 FALCON CLOSE?

18 FALCON CLOSE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 18 on FALCON CLOSE.