24, FALCON CLOSE, RAYLEIGH, SS6 9BH - £365,000

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

24 FALCON CLOSE is a very small extended detached house of 82m², built sometime between 1996 and 2002. It was last sold for £365,000 in February 2017, which was around 25% below the average February 2017 detached price in the Rochford local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

24 FALCON CLOSE Sold Prices

Land registry data shows three sales for 24 FALCON 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 24 FALCON CLOSE 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
2017 16 FEB	£365,000	£483,664	25% below HPI
2001 31 AUG	£134,500	£184,046	27% below HPI
1996 29 NOV	£53,000	£97,895	46% below HPI

24 FALCON 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 24 FALCON CLOSE sales between November 1996 and February 2017 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 2001 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2017 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 24 FALCON CLOSE?

24 FALCON CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 20% of detached houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Rayleigh, and where 24 FALCON CLOSE lies on this distribution: 11% of detached houses are smaller than 24 FALCON CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

24 FALCON CLOSE: Plot and Title Map

24 FALCON CLOSE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 24 FALCON 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 24 FALCON 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 24 FALCON CLOSE?

24 FALCON CLOSE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 24 on FALCON CLOSE.