THE COVERT, HARDWICK CLOSE, RAYLEIGH, SS6 7QP - £290,000

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

THE COVERT is a very small detached house of 80m², built sometime between 1967 and 1975. It was last sold for £290,000 in December 2013, which was around 15% below the average December 2013 detached price in the Rochford local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

THE COVERT Sold Prices

Land registry data shows two sales for THE COVERT 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 THE COVERT 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
2013 6 DEC	£290,000	£340,734	15% below HPI
2013 28 JAN	£197,500	£317,485	38% below HPI

THE COVERT 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 THE COVERT sales from January 2013 and December 2013 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 January 2013 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the December 2013 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is THE COVERT?

THE COVERT is 80m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% of detached houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Rayleigh, and where THE COVERT lies on this distribution: 10% of detached houses are smaller than THE COVERT, and 90% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

THE COVERT: Plot and Title Map

THE COVERT sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of THE COVERT, 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 THE COVERT). 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 THE COVERT?

THE COVERT is located on HARDWICK CLOSE in RAYLEIGH, in the SS6 postcode district. The below map shows the position of THE COVERT on HARDWICK CLOSE.