3, SOVEREIGN CLOSE, ROCHFORD, SS4 1XB - £240,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 SOVEREIGN CLOSE is a very small extended detached house of 73m², built sometime between 1996 and 2002, which could now be worth an estimated £364,327. It was last sold for £240,000 in March 2015, which was around 41% below the average March 2015 detached price in the Rochford local authority area. The most recent EPC inspection was January 2025, where the current energy rating was C, and the potential energy rating was B.

3 SOVEREIGN CLOSE Sold Prices

Land registry data shows four sales for 3 SOVEREIGN CLOSE 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. All of the four 3 SOVEREIGN 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
2015 5 MAR	£240,000	£409,817	41% below HPI
2006 1 DEC	£205,000	£330,462	38% below HPI
1999 29 OCT	£97,750	£141,429	31% below HPI
1996 28 JUN	£93,500	£98,044	5% below HPI

3 SOVEREIGN 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 four 3 SOVEREIGN CLOSE sales between June 1996 and March 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 December 2006 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the March 2015 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 3 SOVEREIGN CLOSE be worth now?

3 SOVEREIGN CLOSE might now be worth an estimated £364,327.

This is based on house price inflation of 51.8%, between March 2015 and February 2025, for detached houses, in the Rochford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 51.8% inflationary increase is applied to the most recent sale price for 3 SOVEREIGN CLOSE of £240,000 on 5th March 2015. For the value to have increased from £240,000 to £364,327 over the ten years and one month to February 2025, the following assumptions must hold true:

• The value of 3 SOVEREIGN CLOSE has moved in line with the HPI for detached houses in the Rochford local authority area.
• The March 2015 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SOVEREIGN CLOSE has not materially changed since March 2015.

How Large is 3 SOVEREIGN CLOSE?

3 SOVEREIGN CLOSE is 73m², which includes one extension, according to the EPC inspection conducted in January 2025. This puts it in the smallest 10% of detached houses houses in Rochford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rochford, and where 3 SOVEREIGN CLOSE lies on this distribution: 9% of detached houses houses are smaller than 3 SOVEREIGN CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Rochford.

3 SOVEREIGN CLOSE: Plot and Title Map

3 SOVEREIGN CLOSE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 3 SOVEREIGN 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 SOVEREIGN 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 SOVEREIGN CLOSE?

3 SOVEREIGN CLOSE is located in ROCHFORD, in the SS4 postcode district. The below map shows the position of No. 3 on SOVEREIGN CLOSE.