7, WETHERSFIELD CLOSE, RAYLEIGH, SS6 9ER - £410,000

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

7 WETHERSFIELD CLOSE is a midsized detached house of 114m², built sometime between 1983 and 1990. It was last sold for £410,000 in September 2020, which was around 22% below the average September 2020 detached price in the Rochford local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

7 WETHERSFIELD CLOSE Sold Prices

Land registry data shows four sales for 7 WETHERSFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. All of the four 7 WETHERSFIELD CLOSE sales were for below 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 11 SEP	£410,000	£526,697	22% below HPI
2002 29 APR	£162,000	£200,696	19% below HPI
2000 4 AUG	£137,000	£167,998	18% below HPI
1995 18 OCT	£82,000	£92,502	11% below HPI

7 WETHERSFIELD 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 four 7 WETHERSFIELD CLOSE sales between October 1995 and September 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 April 2002 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 7 WETHERSFIELD CLOSE?

7 WETHERSFIELD CLOSE is 114m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 50% of detached houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Rayleigh, and where 7 WETHERSFIELD CLOSE lies on this distribution: 43% of detached houses are smaller than 7 WETHERSFIELD CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

7 WETHERSFIELD CLOSE: Plot and Title Map

7 WETHERSFIELD CLOSE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 7 WETHERSFIELD 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 7 WETHERSFIELD 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 7 WETHERSFIELD CLOSE?

7 WETHERSFIELD CLOSE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 7 on WETHERSFIELD CLOSE.