2, MINSTER CLOSE, RAYLEIGH, SS6 8SF - £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.

2 MINSTER CLOSE is a midsized extended semi-detached house of 83m², built sometime between 1983 and 1990, which could now be worth an estimated £415,464. It was last sold for £350,000 in November 2018, which was around 7% above the average November 2018 semi-detached price in the Rochford local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

2 MINSTER CLOSE Sold Prices

Land registry data shows one sale for 2 MINSTER CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Rochford local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 16 NOV	£350,000	£326,931	7% above HPI

What might 2 MINSTER CLOSE be worth now?

2 MINSTER CLOSE might now be worth an estimated £415,464.

This is based on house price inflation of 18.7%, between November 2018 and May 2026, for semi-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 18.7% inflationary increase is applied to the most recent sale price for 2 MINSTER CLOSE of £350,000 on 16th November 2018. For the value to have increased from £350,000 to £415,464 over the eight years and six months to May 2026, the following assumptions must hold true:

• The value of 2 MINSTER CLOSE has moved in line with the HPI for semi-detached houses in the Rochford local authority area.
• The November 2018 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MINSTER CLOSE has not materially changed since November 2018.

How Large is 2 MINSTER CLOSE?

2 MINSTER CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 50% of semi-detached houses in Rayleigh, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Rayleigh, and where 2 MINSTER CLOSE lies on this distribution: 42% of semi-detached houses are smaller than 2 MINSTER CLOSE, and 56% of semi-detached houses are larger. Note that EPC data is not available for all properties in Rayleigh.

2 MINSTER CLOSE: Plot

2 MINSTER CLOSE sits on a plot of roughly 0.059 of an acre, or 238m².

Where is 2 MINSTER CLOSE?

2 MINSTER CLOSE is located in RAYLEIGH, in the SS6 postcode district.