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

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

43 FALCON CLOSE is a small extended detached house of 102m², built sometime between 1996 and 2002. It was last sold for £445,000 in November 2016, which was around 6% 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	£471,278	6% below HPI
2004 11 MAY	£200,000	£280,072	29% below HPI
2001 4 MAY	£138,000	£178,647	23% below HPI
1998 5 JUN	£92,000	£117,736	22% below HPI
1996 31 DEC	£88,000	£99,627	12% 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 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2016 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

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 in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Rayleigh, and where 43 FALCON CLOSE lies on this distribution: 29% of detached houses are smaller than 43 FALCON CLOSE, and 70% 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.