2, LOUIS CLOSE, RAYLEIGH, SS6 9GG - £185,000

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

2 LOUIS CLOSE is a midsized detached house of 123m², built sometime between 1996 and 2002. It was last sold for £185,000 in December 2009, which was around 40% below the average December 2009 detached price in the Rochford local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

2 LOUIS CLOSE Sold Prices

Land registry data shows two sales for 2 LOUIS 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. One of the two 2 LOUIS CLOSE sales was for below the average price, whilst the other 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
2009 4 DEC	£185,000	£306,605	40% below HPI
1999 18 JUN	£158,000	£122,917	29% above HPI

2 LOUIS 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 2 LOUIS CLOSE sales from June 1999 and December 2009 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 1999 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the December 2009 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 2 LOUIS CLOSE?

2 LOUIS CLOSE is 123m² according to the EPC inspection conducted in September 2009. 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 2 LOUIS CLOSE lies on this distribution: 54% of detached houses are smaller than 2 LOUIS CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

2 LOUIS CLOSE: Plot and Title Map

2 LOUIS CLOSE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 2 LOUIS 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 2 LOUIS 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 2 LOUIS CLOSE?

2 LOUIS CLOSE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 2 on LOUIS CLOSE.