22, THE CHASE, RAYLEIGH, SS6 8QN - £465,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

22 THE CHASE is a small extended detached house of 95m², built sometime between 1950 and 1966. It was last sold for £465,000 in July 2022, which was around 18% below the average July 2022 detached price in the Rochford local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

22 THE CHASE Sold Prices

Land registry data shows three sales for 22 THE CHASE 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 THE CHASE 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
2022 4 JUL	£465,000	£563,787	18% below HPI
2014 12 DEC	£350,000	£374,229	6% below HPI
2007 4 SEP	£275,000	£336,018	18% below HPI

22 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 three 22 THE CHASE sales between September 2007 and July 2022 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 December 2014 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2022 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 22 THE CHASE?

22 THE CHASE is 95m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 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 THE CHASE lies on this distribution: 22% of detached houses are smaller than 22 THE CHASE, and 77% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

22 THE CHASE: Plot and Title Map

22 THE CHASE sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of 22 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 22 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 22 THE CHASE?

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