2, SHELLEY PLACE, RAYLEIGH, SS6 9TH - £293,000

2 SHELLEY PLACE is a very small detached house of 59m², built sometime between 1991 and 1995. It was last sold for £293,000 in August 2020, which was around 43% below the average August 2020 detached price in the Rochford local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

2 SHELLEY PLACE Sold Prices

Land registry data shows four sales for 2 SHELLEY PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. All of the four 2 SHELLEY PLACE 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
2020 3 AUG	£293,000	£516,966	43% below HPI
2006 28 JUL	£192,000	£298,586	36% below HPI
1999 30 APR	£67,000	£120,427	44% below HPI
1995 28 APR	£62,500	£92,125	32% below HPI

2 SHELLEY PLACE 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 four 2 SHELLEY PLACE sales between April 1995 and August 2020 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 2006 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2020 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 2 SHELLEY PLACE?

2 SHELLEY PLACE is 59m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of detached houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Rayleigh, and where 2 SHELLEY PLACE lies on this distribution: 2% of detached houses are smaller than 2 SHELLEY PLACE, and 98% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

2 SHELLEY PLACE: Plot and Title Map

2 SHELLEY PLACE sits on a plot of roughly 0.028 of an acre, or 112m². The below map shows the location of 2 SHELLEY PLACE, 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 SHELLEY PLACE). 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 SHELLEY PLACE?

2 SHELLEY PLACE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 2 on SHELLEY PLACE.