12, GELDING CLOSE, ROCHFORD, SS4 3FG - £350,000

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.

12 GELDING CLOSE is a very small terraced house of 84m², built sometime from 2012 onwards, which could now be worth an estimated £380,543. It was last sold for £350,000 in February 2024, which was around 13% above the average February 2024 terraced price in the Rochford local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.

12 GELDING CLOSE Sold Prices

Land registry data shows three sales for 12 GELDING CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Rochford local authority area for the corresponding sale date. All of the three 12 GELDING CLOSE 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
2024 29 FEB	£350,000	£310,248	13% above HPI
2019 24 JUL	£300,000	£291,256	3% above HPI
2014 7 FEB	£224,995	£193,057	17% above HPI

12 GELDING CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Rochford local authority area over time, sourced from the HPI. The three 12 GELDING CLOSE sales between February 2014 and February 2024 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 2019 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2024 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 12 GELDING CLOSE be worth now?

12 GELDING CLOSE might now be worth an estimated £380,543.

This is based on house price inflation of 8.7%, between February 2024 and May 2026, for terraced 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 8.7% inflationary increase is applied to the most recent sale price for 12 GELDING CLOSE of £350,000 on 29th February 2024. For the value to have increased from £350,000 to £380,543 over the one year and nine months to May 2026, the following assumptions must hold true:

• The value of 12 GELDING CLOSE has moved in line with the HPI for terraced houses in the Rochford local authority area.
• The February 2024 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 12 GELDING CLOSE has not materially changed since February 2024.

How Large is 12 GELDING CLOSE?

12 GELDING CLOSE is 84m² according to the EPC inspection conducted in November 2023. This puts it in the smallest 20% of terraced houses houses in Rochford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Rochford, and where 12 GELDING CLOSE lies on this distribution: 14% of terraced houses houses are smaller than 12 GELDING CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Rochford.

12 GELDING CLOSE: Plot and Title Map

12 GELDING CLOSE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 12 GELDING 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 12 GELDING 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 12 GELDING CLOSE?

12 GELDING CLOSE is located in ROCHFORD, in the SS4 postcode district. The below map shows the position of No. 12 on GELDING CLOSE.