43, FALCON CLOSE, RAYLEIGH, SS6 9BH - £445,000

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.

43 FALCON CLOSE is a small extended detached house of 102m², built sometime between 1996 and 2002, which could now be worth an estimated £549,598. It was last sold for £445,000 in November 2016, which was around 12% below the average November 2016 detached price in the Rochford local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

43 FALCON CLOSE Sold Prices

Land registry data shows five sales for 43 FALCON CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. All of the five 43 FALCON 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
2016 24 NOV	£445,000	£503,716	12% below HPI
2004 11 MAY	£200,000	£299,350	33% below HPI
2001 4 MAY	£138,000	£190,944	28% below HPI
1998 5 JUN	£92,000	£125,840	27% below HPI
1996 31 DEC	£88,000	£106,484	17% below HPI

43 FALCON 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 five 43 FALCON CLOSE sales between December 1996 and November 2016 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 May 2004 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2016 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 43 FALCON CLOSE be worth now?

43 FALCON CLOSE might now be worth an estimated £549,598.

This is based on house price inflation of 23.5%, between November 2016 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 23.5% inflationary increase is applied to the most recent sale price for 43 FALCON CLOSE of £445,000 on 24th November 2016. For the value to have increased from £445,000 to £549,598 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 43 FALCON CLOSE has moved in line with the HPI for detached houses in the Rochford local authority area.
• The November 2016 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of 43 FALCON CLOSE has not materially changed since November 2016.

How Large is 43 FALCON CLOSE?

43 FALCON CLOSE is 102m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 30% 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 43 FALCON CLOSE lies on this distribution: 29% of detached houses houses are smaller than 43 FALCON CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

43 FALCON CLOSE: Plot and Title Map

43 FALCON CLOSE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 43 FALCON 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 43 FALCON 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 43 FALCON CLOSE?

43 FALCON CLOSE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 43 on FALCON CLOSE.