5, POLSTEAD CLOSE, RAYLEIGH, SS6 9TW - £245,000

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 POLSTEAD CLOSE is a small extended detached house of 104m², built sometime between 1996 and 2002. It was last sold for £245,000 in April 2011, which was around 24% below the average April 2011 detached price in the Rochford local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

5 POLSTEAD CLOSE Sold Prices

Land registry data shows two sales for 5 POLSTEAD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. One of the two 5 POLSTEAD CLOSE sales was for below the average price, whilst the other was 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
2011 15 APR	£245,000	£323,622	24% below HPI
1996 28 JUN	£94,750	£91,730	3% above HPI

5 POLSTEAD 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 two 5 POLSTEAD CLOSE sales from June 1996 and April 2011 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 June 1996 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the April 2011 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 5 POLSTEAD CLOSE?

5 POLSTEAD CLOSE is 104m², which includes one extension, according to the EPC inspection conducted in August 2010. This puts it in the smallest 40% 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 POLSTEAD CLOSE lies on this distribution: 31% of detached houses are smaller than 5 POLSTEAD CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

5 POLSTEAD CLOSE: Plot and Title Map

5 POLSTEAD CLOSE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 5 POLSTEAD 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 POLSTEAD 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 POLSTEAD CLOSE?

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