3, ROWAN CLOSE, RAYLEIGH, SS6 9GQ - £389,000

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

3 ROWAN CLOSE is a midsized detached house of 126m², built sometime between 1996 and 2002. It was last sold for £389,000 in January 2015, which was around 4% above the average January 2015 detached price in the Rochford local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

3 ROWAN CLOSE Sold Prices

Land registry data shows three sales for 3 ROWAN 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 3 ROWAN 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
2015 8 JAN	£389,000	£373,876	4% above HPI
2000 18 FEB	£167,000	£143,799	16% above HPI
1998 18 DEC	£131,250	£119,524	10% above HPI

3 ROWAN 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 3 ROWAN CLOSE sales between December 1998 and January 2015 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 February 2000 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the January 2015 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 3 ROWAN CLOSE?

3 ROWAN CLOSE is 126m² according to the EPC inspection conducted in April 2014. This puts it in the largest 50% of detached houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Rayleigh, and where 3 ROWAN CLOSE lies on this distribution: 56% of detached houses are smaller than 3 ROWAN CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

3 ROWAN CLOSE: Plot and Title Map

3 ROWAN CLOSE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 3 ROWAN 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 3 ROWAN 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 3 ROWAN CLOSE?

3 ROWAN CLOSE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 3 on ROWAN CLOSE.