9, KNIVET CLOSE, RAYLEIGH, SS6 8PD - £422,000

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.

9 KNIVET CLOSE is a midsized extended detached house of 116m², built sometime between 1950 and 1966, which could now be worth an estimated £518,713. It was last sold for £422,000 in December 2016, which was around 17% below the average December 2016 detached price in the Rochford local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

9 KNIVET CLOSE Sold Prices

Land registry data shows two sales for 9 KNIVET CLOSE 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. One of the two 9 KNIVET CLOSE sales was for below the average price, whilst the other was 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 13 DEC	£422,000	£506,123	17% below HPI
2001 10 DEC	£208,000	£201,784	3% above HPI

9 KNIVET 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 two 9 KNIVET CLOSE sales from December 2001 and December 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 December 2001 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the December 2016 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 9 KNIVET CLOSE be worth now?

9 KNIVET CLOSE might now be worth an estimated £518,713.

This is based on house price inflation of 22.9%, between December 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 22.9% inflationary increase is applied to the most recent sale price for 9 KNIVET CLOSE of £422,000 on 13th December 2016. For the value to have increased from £422,000 to £518,713 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of 9 KNIVET CLOSE has moved in line with the HPI for detached houses in the Rochford local authority area.
• The December 2016 sale price of £422,000 represented a fair market value for the property.
• The size, condition, and specification of 9 KNIVET CLOSE has not materially changed since December 2016.

How Large is 9 KNIVET CLOSE?

9 KNIVET CLOSE is 116m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 50% 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 9 KNIVET CLOSE lies on this distribution: 44% of detached houses houses are smaller than 9 KNIVET CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

9 KNIVET CLOSE: Plot and Title Map

9 KNIVET CLOSE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 9 KNIVET 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 9 KNIVET 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 9 KNIVET CLOSE?

9 KNIVET CLOSE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 9 on KNIVET CLOSE.