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 THE GLEN is a very large extended detached house of 178m², built sometime between 1991 and 1995. It was last sold for £640,000 in January 2020, which was around 24% above the average January 2020 detached price in the Rochford local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 5 THE GLEN since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. All of the three 5 THE GLEN 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 |
---|---|---|---|
2020 10 JAN | £640,000 | £515,183 | 24% above HPI |
2002 26 NOV | £340,000 | £243,826 | 39% above HPI |
1996 23 FEB | £165,000 | £92,146 | 79% above HPI |
The below graph shows the average detached house price in the Rochford local authority area over time, sourced from the HPI. The three 5 THE GLEN sales between February 1996 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 November 2002 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the January 2020 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.
5 THE GLEN is 178m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the largest 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 THE GLEN lies on this distribution: 87% of detached houses are smaller than 5 THE GLEN, and 13% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.
5 THE GLEN sits on a plot of roughly 0.127 of an acre, or 516m². The below map shows the location of 5 THE GLEN, 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 THE GLEN). 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 THE GLEN is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 5 on THE GLEN.