5, HOMESTEAD CLOSE, RAYLEIGH, SS6 8FE - £429,000

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.

5 HOMESTEAD CLOSE is a small semi-detached house of 96m², built in 2017, which could now be worth an estimated £439,132. It was last sold for £429,000 in November 2024, which was around 16% above the average November 2024 semi-detached price in the Rochford local authority area. The most recent EPC inspection was September 2024, where the current energy rating was C, and the potential energy rating was B.

5 HOMESTEAD CLOSE Sold Prices

Land registry data shows two sales for 5 HOMESTEAD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Rochford local authority area for the corresponding sale date. Both of the two 5 HOMESTEAD CLOSE sales were 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
2024 29 NOV	£429,000	£370,998	16% above HPI
2018 29 MAR	£390,000	£315,003	24% above HPI

5 HOMESTEAD CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Rochford local authority area over time, sourced from the HPI. The two 5 HOMESTEAD CLOSE sales from March 2018 and November 2024 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 March 2018 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the November 2024 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 5 HOMESTEAD CLOSE be worth now?

5 HOMESTEAD CLOSE might now be worth an estimated £439,132.

This is based on house price inflation of 2.4%, between November 2024 and February 2025, for semi-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 2.4% inflationary increase is applied to the most recent sale price for 5 HOMESTEAD CLOSE of £429,000 on 29th November 2024. For the value to have increased from £429,000 to £439,132 over the one year and nine months to February 2025, the following assumptions must hold true:

• The value of 5 HOMESTEAD CLOSE has moved in line with the HPI for semi-detached houses in the Rochford local authority area.
• The November 2024 sale price of £429,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HOMESTEAD CLOSE has not materially changed since November 2024.

How Large is 5 HOMESTEAD CLOSE?

5 HOMESTEAD CLOSE is 96m² according to the EPC inspection conducted in September 2024. This puts it in the smallest 30% of semi-detached houses houses in Rayleigh, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Rayleigh, and where 5 HOMESTEAD CLOSE lies on this distribution: 23% of semi-detached houses houses are smaller than 5 HOMESTEAD CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

5 HOMESTEAD CLOSE: Plot and Title Map

5 HOMESTEAD CLOSE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 5 HOMESTEAD 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 HOMESTEAD 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 5 HOMESTEAD CLOSE?

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