4, MILL FIELD CLOSE, RAYLEIGH, SS6 8LX - £295,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 MILL FIELD CLOSE is a very small semi-detached house of 51m², built sometime from 2007 onwards, which could now be worth an estimated £329,963. It was last sold for £295,000 in November 2020, which was around 13% below the average November 2020 semi-detached price in the Rochford local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

4 MILL FIELD CLOSE Sold Prices

Land registry data shows five sales for 4 MILL FIELD CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Rochford local authority area for the corresponding sale date. Most of the five 4 MILL FIELD 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
2020 13 NOV	£295,000	£339,520	13% below HPI
2006 20 OCT	£182,500	£205,901	11% below HPI
2001 6 DEC	£119,000	£118,274	1% above HPI
1996 30 MAY	£58,000	£58,491	1% below HPI
1995 6 JAN	£60,950	£62,850	3% below HPI

4 MILL FIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Rochford local authority area over time, sourced from the HPI. The five 4 MILL FIELD CLOSE sales between January 1995 and November 2020 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 October 2006 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2020 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 4 MILL FIELD CLOSE be worth now?

4 MILL FIELD CLOSE might now be worth an estimated £329,963.

This is based on house price inflation of 11.9%, between November 2020 and February 2025, for semi-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 11.9% inflationary increase is applied to the most recent sale price for 4 MILL FIELD CLOSE of £295,000 on 13th November 2020. For the value to have increased from £295,000 to £329,963 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 4 MILL FIELD CLOSE has moved in line with the HPI for semi-detached houses in the Rochford local authority area.
• The November 2020 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MILL FIELD CLOSE has not materially changed since November 2020.

How Large is 4 MILL FIELD CLOSE?

4 MILL FIELD CLOSE is 51m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of semi-detached houses houses in Rayleigh, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Rayleigh, and where 4 MILL FIELD CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 4 MILL FIELD CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

4 MILL FIELD CLOSE: Plot and Title Map

4 MILL FIELD CLOSE sits on a plot of roughly 0.041 of an acre, or 166m². The below map shows the location of 4 MILL FIELD 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 4 MILL FIELD 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 4 MILL FIELD CLOSE?

4 MILL FIELD CLOSE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 4 on MILL FIELD CLOSE.