3, THE CHASE, RAYLEIGH, SS6 8QL - £700,000

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

3 THE CHASE is a very large extended detached house of 212m², built sometime between 1950 and 1966. It was last sold for £700,000 in March 2021, which was around 38% above the average March 2021 detached price in the Rochford local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

3 THE CHASE Sold Prices

Land registry data shows two sales for 3 THE CHASE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. One of the two 3 THE CHASE sales was for above the average price, whilst the other was 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
2021 24 MAR	£700,000	£508,532	38% above HPI
2015 5 NOV	£306,500	£422,739	27% below HPI

3 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 two 3 THE CHASE sales from November 2015 and March 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 November 2015 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2021 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 3 THE CHASE?

3 THE CHASE is 212m², which includes four extensions, according to the EPC inspection conducted in November 2020. This puts it in the largest 10% 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 THE CHASE lies on this distribution: 95% of detached houses are smaller than 3 THE CHASE, and 5% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

3 THE CHASE: Plot and Title Map

3 THE CHASE sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 3 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 3 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 3 THE CHASE?

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