16, POLSTEAD CLOSE, RAYLEIGH, SS6 9TW - £315,000

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.

16 POLSTEAD CLOSE is a very small terraced house of 59m², built sometime between 1996 and 2002, which could now be worth an estimated £334,729. It was last sold for £315,000 in June 2024, which was around 1% above the average June 2024 terraced price in the Rochford local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

16 POLSTEAD CLOSE Sold Prices

Land registry data shows eight sales for 16 POLSTEAD CLOSE since 1^st January 1995. The below table shows the price paid for the eight sales, along with the average terraced price in the Rochford local authority area for the corresponding sale date. Most of the eight 16 POLSTEAD 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 28 JUN	£315,000	£312,558	1% above HPI
2018 18 MAY	£290,000	£285,346	2% above HPI
2017 27 JAN	£285,000	£268,634	6% above HPI
2015 17 NOV	£237,000	£243,159	3% below HPI
2009 30 JUL	£175,000	£171,610	2% above HPI
2005 11 MAR	£155,000	£166,982	7% below HPI
2001 31 JUL	£101,000	£94,663	7% above HPI
1996 27 SEP	£62,000	£52,341	18% above HPI

16 POLSTEAD 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 eight 16 POLSTEAD CLOSE sales between September 1996 and June 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 May 2018 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2024 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 16 POLSTEAD CLOSE be worth now?

16 POLSTEAD CLOSE might now be worth an estimated £334,729.

This is based on house price inflation of 6.3%, between June 2024 and April 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 6.3% inflationary increase is applied to the most recent sale price for 16 POLSTEAD CLOSE of £315,000 on 28th June 2024. For the value to have increased from £315,000 to £334,729 over the two years and two months to April 2026, the following assumptions must hold true:

• The value of 16 POLSTEAD CLOSE has moved in line with the HPI for terraced houses in the Rochford local authority area.
• The June 2024 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 16 POLSTEAD CLOSE has not materially changed since June 2024.

How Large is 16 POLSTEAD CLOSE?

16 POLSTEAD CLOSE is 59m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 10% of terraced houses houses in Rayleigh, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Rayleigh, and where 16 POLSTEAD CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 16 POLSTEAD CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

16 POLSTEAD CLOSE: Plot and Title Map

16 POLSTEAD CLOSE sits on a plot of roughly 0.037 of an acre, or 150m². The below map shows the location of 16 POLSTEAD 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 16 POLSTEAD 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 16 POLSTEAD CLOSE?

16 POLSTEAD CLOSE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 16 on POLSTEAD CLOSE.