8, FAIRMEAD, RAYLEIGH, SS6 9DF - £450,000

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.

8 FAIRMEAD is a very small extended detached house of 90m², built sometime between 1983 and 1990, which could now be worth an estimated £515,057. It was last sold for £450,000 in March 2021, which was around 17% below the average March 2021 detached price in the Rochford local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

8 FAIRMEAD Sold Prices

Land registry data shows two sales for 8 FAIRMEAD 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 8 FAIRMEAD 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
2021 19 MAR	£450,000	£543,535	17% below HPI
2019 29 MAR	£401,000	£563,004	29% below HPI

8 FAIRMEAD 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 8 FAIRMEAD sales from March 2019 and March 2021 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 March 2019 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 8 FAIRMEAD be worth now?

8 FAIRMEAD might now be worth an estimated £515,057.

This is based on house price inflation of 14.5%, between March 2021 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 14.5% inflationary increase is applied to the most recent sale price for 8 FAIRMEAD of £450,000 on 19th March 2021. For the value to have increased from £450,000 to £515,057 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 8 FAIRMEAD has moved in line with the HPI for detached houses in the Rochford local authority area.
• The March 2021 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FAIRMEAD has not materially changed since March 2021.

How Large is 8 FAIRMEAD?

8 FAIRMEAD is 90m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 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 8 FAIRMEAD lies on this distribution: 18% of detached houses houses are smaller than 8 FAIRMEAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

8 FAIRMEAD: Plot and Title Map

8 FAIRMEAD sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 8 FAIRMEAD, 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 8 FAIRMEAD). 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 8 FAIRMEAD?

8 FAIRMEAD is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 8 on FAIRMEAD.