Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
5 GOSFIELD CLOSE is a very small semi-detached house of 77m², built sometime between 1967 and 1975. It was last sold for £265,000 in November 2015, which was around 37% below the average November 2015 detached price in the Rochford local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 5 GOSFIELD CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. All of the four 5 GOSFIELD 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 |
---|---|---|---|
2015 17 NOV | £265,000 | £422,739 | 37% below HPI |
2008 6 MAY | £232,000 | £341,907 | 32% below HPI |
2006 6 APR | £198,000 | £296,528 | 33% below HPI |
1997 31 JUL | £68,000 | £104,413 | 35% below HPI |
The below graph shows the average detached house price in the Rochford local authority area over time, sourced from the HPI. The four 5 GOSFIELD CLOSE sales between July 1997 and November 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 May 2008 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2015 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.
5 GOSFIELD CLOSE is 77m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 10% 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 GOSFIELD CLOSE lies on this distribution: 8% of detached houses are smaller than 5 GOSFIELD CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.
5 GOSFIELD CLOSE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 5 GOSFIELD 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 GOSFIELD 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 GOSFIELD CLOSE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 5 on GOSFIELD CLOSE.