15, GILBERT CLOSE, RAYLEIGH, SS6 8QR - £517,500

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.

15 GILBERT CLOSE is a large extended detached house of 158m², built sometime between 1976 and 1982, which could now be worth an estimated £513,586. It was last sold for £517,500 in September 2022, which was around 17% below the average September 2022 detached price in the Rochford local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was B.

15 GILBERT CLOSE Sold Prices

Land registry data shows two sales for 15 GILBERT 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. Both of the two 15 GILBERT 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
2022 30 SEP	£517,500	£621,883	17% below HPI
2020 10 JUL	£420,000	£553,758	24% below HPI

15 GILBERT 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 15 GILBERT CLOSE sales from July 2020 and September 2022 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 2020 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2022 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 15 GILBERT CLOSE be worth now?

15 GILBERT CLOSE might now be worth an estimated £513,586.

This is based on house price deflation of 0.8%, between September 2022 and July 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 0.8% deflationary decrease is applied to the most recent sale price for 15 GILBERT CLOSE of £517,500 on 30th September 2022. For the value to have decreased from £517,500 to £513,586 over the three years and two months to July 2025, the following assumptions must hold true:

• The value of 15 GILBERT CLOSE has moved in line with the HPI for detached houses in the Rochford local authority area.
• The September 2022 sale price of £517,500 represented a fair market value for the property.
• The size, condition, and specification of 15 GILBERT CLOSE has not materially changed since September 2022.

How Large is 15 GILBERT CLOSE?

15 GILBERT CLOSE is 158m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the largest 30% 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 15 GILBERT CLOSE lies on this distribution: 79% of detached houses houses are smaller than 15 GILBERT CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

15 GILBERT CLOSE: Plot and Title Map

15 GILBERT CLOSE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 15 GILBERT 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 15 GILBERT 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 15 GILBERT CLOSE?

15 GILBERT CLOSE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 15 on GILBERT CLOSE.