22, ALBERT CLOSE, RAYLEIGH, SS6 8HP - £645,000

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

22 ALBERT CLOSE is a large extended detached house of 143m², built sometime between 1983 and 1990. It was last sold for £645,000 in July 2021, which was around 24% above the average July 2021 detached price in the Rochford local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

22 ALBERT CLOSE Sold Prices

Land registry data shows three sales for 22 ALBERT CLOSE 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 22 ALBERT CLOSE 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
2021 14 JUL	£645,000	£521,272	24% above HPI
2015 15 JAN	£400,000	£373,876	7% above HPI
2004 19 NOV	£322,000	£301,811	7% above HPI

22 ALBERT 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 three 22 ALBERT CLOSE sales between November 2004 and July 2021 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 January 2015 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the July 2021 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 22 ALBERT CLOSE?

22 ALBERT CLOSE is 143m², which includes two extensions, according to the EPC inspection conducted in March 2014. 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 22 ALBERT CLOSE lies on this distribution: 70% of detached houses are smaller than 22 ALBERT CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

22 ALBERT CLOSE: Plot and Title Map

22 ALBERT CLOSE sits on a plot of roughly 0.132 of an acre, or 533m². The below map shows the location of 22 ALBERT 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 22 ALBERT 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 22 ALBERT CLOSE?

22 ALBERT CLOSE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 22 on ALBERT CLOSE.