18, WELLSFIELD, RAYLEIGH, SS6 8DW - £680,000

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

18 WELLSFIELD is a large detached house of 143m², built sometime between 1983 and 1990. It was last sold for £680,000 in January 2023, which was around 13% above the average January 2023 detached price in the Rochford local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

18 WELLSFIELD Sold Prices

Land registry data shows three sales for 18 WELLSFIELD 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 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
2023 30 JAN	£680,000	£602,154	13% above HPI
2003 5 DEC	£395,000	£272,247	45% above HPI
1999 13 MAY	£205,000	£121,326	69% above HPI

18 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 three 18 WELLSFIELD sales between May 1999 and January 2023 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 December 2003 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the January 2023 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 18 WELLSFIELD?

18 WELLSFIELD is 143m² according to the EPC inspection conducted in August 2022. This puts it in the largest 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 WELLSFIELD lies on this distribution: 70% of detached houses are smaller than 18 WELLSFIELD, and 30% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

18 WELLSFIELD: Plot and Title Map

18 WELLSFIELD sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 18 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 18 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 18 WELLSFIELD?

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