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

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

58 THE CHASE is a very large extended detached house of 171m², built sometime between 1976 and 1982. It was last sold for £505,000 in April 2016, which was around 14% 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	£442,727	14% above HPI
2013 15 JUL	£370,000	£327,141	13% 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 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the April 2016 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

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 in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Rayleigh, and where 58 THE CHASE lies on this distribution: 85% of detached 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.