54, THE CHASE, RAYLEIGH, SS6 8RW - £617,500

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

54 THE CHASE is a very large extended detached house of 169m², built sometime between 1983 and 1990. It was last sold for £617,500 in May 2024, which was around 6% above the average May 2024 detached price in the Rochford local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was B.

54 THE CHASE Sold Prices

Land registry data shows three sales for 54 THE CHASE since 1^st 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 54 THE CHASE 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 3 MAY	£617,500	£581,365	6% above HPI
2015 17 SEP	£480,000	£412,527	16% above HPI
2011 28 JUL	£342,000	£320,201	7% above HPI

54 THE CHASE 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 three 54 THE CHASE sales between July 2011 and May 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 September 2015 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the May 2024 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 54 THE CHASE?

54 THE CHASE is 169m², which includes two extensions, according to the EPC inspection conducted in December 2020. 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 54 THE CHASE lies on this distribution: 84% of detached houses are smaller than 54 THE CHASE, and 16% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

54 THE CHASE: Plot and Title Map

54 THE CHASE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 54 THE CHASE, 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 54 THE CHASE). 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 54 THE CHASE?

54 THE CHASE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 54 on THE CHASE.