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

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.

2 LOUIS CLOSE is a midsized detached house of 123m², built sometime between 1996 and 2002, which could now be worth an estimated £351,200. It was last sold for £185,000 in December 2009, which was around 44% 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	£327,709	44% below HPI
1999 18 JUN	£158,000	£131,377	20% 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 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the December 2009 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 2 LOUIS CLOSE be worth now?

2 LOUIS CLOSE might now be worth an estimated £351,200.

This is based on house price inflation of 89.8%, between December 2009 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 89.8% inflationary increase is applied to the most recent sale price for 2 LOUIS CLOSE of £185,000 on 4th December 2009. For the value to have increased from £185,000 to £351,200 over the sixteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 LOUIS CLOSE has moved in line with the HPI for detached houses in the Rochford local authority area.
• The December 2009 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LOUIS CLOSE has not materially changed since December 2009.

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 houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rayleigh, and where 2 LOUIS CLOSE lies on this distribution: 54% of detached houses 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.