5, FALCON CLOSE, RAYLEIGH, SS6 9BH - £385,000

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

5 FALCON CLOSE is a very small detached house of 84m², built sometime between 1996 and 2002. It was last sold for £385,000 in January 2020, which was around 25% below the average January 2020 detached price in the Rochford local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

5 FALCON CLOSE Sold Prices

Land registry data shows five sales for 5 FALCON CLOSE since 1st 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 5 FALCON CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

DatePriceHPI PriceVariation from HPI
2020
31 JAN
£385,000£515,183
down arrow
25% below HPI
2008
1 FEB
£265,500£349,877
down arrow
24% below HPI
2004
14 JUN
£223,500£278,495
down arrow
20% below HPI
1998
13 FEB
£96,000£115,097
down arrow
17% below HPI
1995
25 AUG
£85,950£91,365
down arrow
6% below HPI

5 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 5 FALCON CLOSE sales between August 1995 and January 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 February 2008 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the January 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

5, FALCON CLOSE, RAYLEIGH, SS6 9BH: Price paid vs HM Land Registry's House Price Index

How Large is 5 FALCON CLOSE?

5 FALCON CLOSE is 84m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% of detached houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Rayleigh, and where 5 FALCON CLOSE lies on this distribution: 12% of detached houses are smaller than 5 FALCON CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

5, FALCON CLOSE, RAYLEIGH, SS6 9BH: Size of property relative to detached houses in Rayleigh

5 FALCON CLOSE: Plot and Title Map

5 FALCON CLOSE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 5 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 5 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.

5, FALCON CLOSE, RAYLEIGH, SS6 9BH: Plot and title map

Where is 5 FALCON CLOSE?

5 FALCON CLOSE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 5 on FALCON CLOSE.

5, FALCON CLOSE, RAYLEIGH, SS6 9BH: Location map and indicative extent of plot

All sales of detached houses on FALCON CLOSE

5, FALCON CLOSE, RAYLEIGH, SS6 9BH
2020
31 JAN
£385,000
5, FALCON CLOSE, RAYLEIGH, SS6 9BH
2008
1 FEB
£265,500
16, FALCON CLOSE, RAYLEIGH, SS6 9BH
2007
17 JAN
£266,000
5, FALCON CLOSE, RAYLEIGH, SS6 9BH
2004
14 JUN
£223,500
12, FALCON CLOSE, RAYLEIGH, SS6 9BH
2004
27 FEB
£210,000
6, FALCON CLOSE, RAYLEIGH, SS6 9BH
2004
24 FEB
£200,000
28, FALCON CLOSE, RAYLEIGH, SS6 9BH
2003
10 JAN
£188,000
16, FALCON CLOSE, RAYLEIGH, SS6 9BH
2000
17 NOV
£151,500
12, FALCON CLOSE, RAYLEIGH, SS6 9BH
2000
19 MAY
£124,000
29, FALCON CLOSE, RAYLEIGH, SS6 9BH
1999
27 AUG
£132,500
5, FALCON CLOSE, RAYLEIGH, SS6 9BH
1998
13 FEB
£96,000
16, FALCON CLOSE, RAYLEIGH, SS6 9BH
1997
27 MAR
£117,500
28, FALCON CLOSE, RAYLEIGH, SS6 9BH
1996
20 DEC
£86,950
15, FALCON CLOSE, RAYLEIGH, SS6 9BH
1996
7 OCT
£77,000
3, FALCON CLOSE, RAYLEIGH, SS6 9BH
1996
27 SEP
£78,950
29, FALCON CLOSE, RAYLEIGH, SS6 9BH
1996
7 JUN
£114,000
12, FALCON CLOSE, RAYLEIGH, SS6 9BH
1995
21 DEC
£79,740
6, FALCON CLOSE, RAYLEIGH, SS6 9BH
1995
15 DEC
£78,950
5, FALCON CLOSE, RAYLEIGH, SS6 9BH
1995
25 AUG
£85,950
Source: HM Land Registry Price Paid Data
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Source: HM Land Registry UK House Price Index
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Copyright statement: This information is subject to Crown copyright and database rights 2024 and is reproduced with the permission of HM Land Registry. The polygons (including the associated geometry, namely x, y co-ordinates) are subject to Crown copyright and database rights 2024 Ordnance Survey 100026316. Conditions of use.