58, THE CHASE, RAYLEIGH, SS6 8RW - £505,000

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.

58 THE CHASE is a very large extended detached house of 171m², built sometime between 1976 and 1982, which could now be worth an estimated £663,922. It was last sold for £505,000 in April 2016, which was around 7% above the average April 2016 detached price in the Rochford local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

58 THE CHASE Sold Prices

Land registry data shows two sales for 58 THE CHASE 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. Both of the two 58 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
2016 21 APR	£505,000	£473,200	7% above HPI
2013 15 JUL	£370,000	£349,658	6% above HPI

58 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 two 58 THE CHASE sales from July 2013 and April 2016 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 July 2013 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the April 2016 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 58 THE CHASE be worth now?

58 THE CHASE might now be worth an estimated £663,922.

This is based on house price inflation of 31.5%, between April 2016 and February 2025, for 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 31.5% inflationary increase is applied to the most recent sale price for 58 THE CHASE of £505,000 on 21st April 2016. For the value to have increased from £505,000 to £663,922 over the nine years and two months to February 2025, the following assumptions must hold true:

• The value of 58 THE CHASE has moved in line with the HPI for detached houses in the Rochford local authority area.
• The April 2016 sale price of £505,000 represented a fair market value for the property.
• The size, condition, and specification of 58 THE CHASE has not materially changed since April 2016.

How Large is 58 THE CHASE?

58 THE CHASE is 171m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the largest 20% of detached houses houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rayleigh, and where 58 THE CHASE lies on this distribution: 85% of detached houses houses are smaller than 58 THE CHASE, and 15% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

58 THE CHASE: Plot and Title Map

58 THE CHASE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 58 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 58 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 58 THE CHASE?

58 THE CHASE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 58 on THE CHASE.