4, POLSTEAD CLOSE, RAYLEIGH, SS6 9TW - £325,000

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 POLSTEAD CLOSE is a very small extended detached house of 90m², built sometime between 1996 and 2002, which could now be worth an estimated £483,911. It was last sold for £325,000 in May 2015, which was around 22% below the average May 2015 detached price in the Rochford local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

4 POLSTEAD CLOSE Sold Prices

Land registry data shows two sales for 4 POLSTEAD CLOSE 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 4 POLSTEAD CLOSE sales was for below the average price, whilst the other was 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 MAY	£325,000	£415,031	22% below HPI
1996 28 JUN	£109,950	£98,044	12% above HPI

4 POLSTEAD 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 two 4 POLSTEAD CLOSE sales from June 1996 and May 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 June 1996 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the May 2015 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 4 POLSTEAD CLOSE be worth now?

4 POLSTEAD CLOSE might now be worth an estimated £483,911.

This is based on house price inflation of 48.9%, between May 2015 and December 2024, 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 48.9% inflationary increase is applied to the most recent sale price for 4 POLSTEAD CLOSE of £325,000 on 8th May 2015. For the value to have increased from £325,000 to £483,911 over the eight years and five months to December 2024, the following assumptions must hold true:

• The value of 4 POLSTEAD CLOSE has moved in line with the HPI for detached houses in the Rochford local authority area.
• The May 2015 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 4 POLSTEAD CLOSE has not materially changed since May 2015.

How Large is 4 POLSTEAD CLOSE?

4 POLSTEAD CLOSE is 90m², which includes three extensions, according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% of detached houses houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rayleigh, and where 4 POLSTEAD CLOSE lies on this distribution: 18% of detached houses houses are smaller than 4 POLSTEAD CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

4 POLSTEAD CLOSE: Plot and Title Map

4 POLSTEAD CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 4 POLSTEAD 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 POLSTEAD 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 POLSTEAD CLOSE?

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