2, THE CHASE, RAYLEIGH, SS6 8QL - £485,000

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 THE CHASE is a very large detached house of 246m², built sometime between 1983 and 1990. It was last sold for £485,000 in March 2011, which was around 48% above the average March 2011 detached price in the Rochford local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was C.

2 THE CHASE Sold Prices

Land registry data shows four sales for 2 THE CHASE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. Most of the four 2 THE CHASE 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
2011 25 MAR	£485,000	£328,141	48% above HPI
2010 20 APR	£475,000	£318,190	49% above HPI
2005 21 DEC	£435,000	£289,183	50% above HPI
1999 14 APR	£50,000	£120,427	58% below HPI

2 THE CHASE 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 four 2 THE CHASE sales between April 1999 and March 2011 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 April 2010 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the March 2011 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 2 THE CHASE?

2 THE CHASE is 246m² according to the EPC inspection conducted in January 2009. This puts it in the largest 10% 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 THE CHASE lies on this distribution: 98% of detached houses are smaller than 2 THE CHASE, and 2% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

2 THE CHASE: Plot and Title Map

2 THE CHASE sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 2 THE CHASE, 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 THE CHASE). 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 THE CHASE?

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