2, SHELLEY PLACE, RAYLEIGH, SS6 9TH - £330,000

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 SHELLEY PLACE is a very small detached house of 59m², built sometime between 1991 and 1995, which could now be worth an estimated £340,345. It was last sold for £330,000 in July 2024, which was around 45% below the average July 2024 detached price in the Rochford local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

2 SHELLEY PLACE Sold Prices

Land registry data shows five sales for 2 SHELLEY PLACE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. All of the five 2 SHELLEY PLACE 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
2024 10 JUL	£330,000	£603,205	45% below HPI
2020 3 AUG	£293,000	£552,549	47% below HPI
2006 28 JUL	£192,000	£319,138	40% below HPI
1999 30 APR	£67,000	£128,716	48% below HPI
1995 28 APR	£62,500	£98,466	37% below HPI

2 SHELLEY PLACE 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 five 2 SHELLEY PLACE sales between April 1995 and July 2024 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 August 2020 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the July 2024 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 2 SHELLEY PLACE be worth now?

2 SHELLEY PLACE might now be worth an estimated £340,345.

This is based on house price inflation of 3.1%, between July 2024 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 3.1% inflationary increase is applied to the most recent sale price for 2 SHELLEY PLACE of £330,000 on 10th July 2024. For the value to have increased from £330,000 to £340,345 over the one year and five months to February 2025, the following assumptions must hold true:

• The value of 2 SHELLEY PLACE has moved in line with the HPI for detached houses in the Rochford local authority area.
• The July 2024 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SHELLEY PLACE has not materially changed since July 2024.

How Large is 2 SHELLEY PLACE?

2 SHELLEY PLACE is 59m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% 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 SHELLEY PLACE lies on this distribution: 2% of detached houses houses are smaller than 2 SHELLEY PLACE, and 98% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

2 SHELLEY PLACE: Plot and Title Map

2 SHELLEY PLACE sits on a plot of roughly 0.028 of an acre, or 112m². The below map shows the location of 2 SHELLEY PLACE, 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 SHELLEY PLACE). 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 SHELLEY PLACE?

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