2, RAVENSWOOD CHASE, ROCHFORD, SS4 1JF - £375,000

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 RAVENSWOOD CHASE is a midsized extended detached house of 107m², built sometime between 1950 and 1966, which could now be worth an estimated £411,557. It was last sold for £375,000 in June 2021, which was around 33% below the average June 2021 detached price in the Rochford local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

2 RAVENSWOOD CHASE Sold Prices

Land registry data shows two sales for 2 RAVENSWOOD CHASE 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 2 RAVENSWOOD CHASE 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
2021 4 JUN	£375,000	£556,221	33% below HPI
1998 1 APR	£70,000	£122,947	43% below HPI

2 RAVENSWOOD CHASE 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 2 RAVENSWOOD CHASE sales from April 1998 and June 2021 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 April 1998 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the June 2021 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 2 RAVENSWOOD CHASE be worth now?

2 RAVENSWOOD CHASE might now be worth an estimated £411,557.

This is based on house price inflation of 9.7%, between June 2021 and June 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 9.7% inflationary increase is applied to the most recent sale price for 2 RAVENSWOOD CHASE of £375,000 on 4th June 2021. For the value to have increased from £375,000 to £411,557 over the four years to June 2025, the following assumptions must hold true:

• The value of 2 RAVENSWOOD CHASE has moved in line with the HPI for detached houses in the Rochford local authority area.
• The June 2021 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RAVENSWOOD CHASE has not materially changed since June 2021.

How Large is 2 RAVENSWOOD CHASE?

2 RAVENSWOOD CHASE is 107m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 50% of detached houses houses in Rochford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rochford, and where 2 RAVENSWOOD CHASE lies on this distribution: 46% of detached houses houses are smaller than 2 RAVENSWOOD CHASE, and 54% of houses are larger. Note that EPC data is not available for all properties in Rochford.

2 RAVENSWOOD CHASE: Plot and Title Map

2 RAVENSWOOD CHASE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 2 RAVENSWOOD CHASE, 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 2 RAVENSWOOD CHASE). 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 2 RAVENSWOOD CHASE?

2 RAVENSWOOD CHASE is located in ROCHFORD, in the SS4 postcode district. The below map shows the position of No. 2 on RAVENSWOOD CHASE.