23, THE PADDOCKS, RAYLEIGH, SS6 8NE - £450,000

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.

23 THE PADDOCKS is a small extended semi-detached house of 97m², built sometime between 1950 and 1966, which could now be worth an estimated £518,669. It was last sold for £450,000 in June 2021, which was around 34% above the average June 2021 semi-detached price in the Rochford local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

23 THE PADDOCKS Sold Prices

Land registry data shows two sales for 23 THE PADDOCKS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Rochford local authority area for the corresponding sale date. Both of the two 23 THE PADDOCKS 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
2021 30 JUN	£450,000	£336,700	34% above HPI
2013 28 JUN	£245,000	£212,191	15% above HPI

23 THE PADDOCKS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Rochford local authority area over time, sourced from the HPI. The two 23 THE PADDOCKS sales from June 2013 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 June 2013 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the June 2021 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 23 THE PADDOCKS be worth now?

23 THE PADDOCKS might now be worth an estimated £518,669.

This is based on house price inflation of 15.3%, between June 2021 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 15.3% inflationary increase is applied to the most recent sale price for 23 THE PADDOCKS of £450,000 on 30th June 2021. For the value to have increased from £450,000 to £518,669 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 23 THE PADDOCKS has moved in line with the HPI for semi-detached houses in the Rochford local authority area.
• The June 2021 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 23 THE PADDOCKS has not materially changed since June 2021.

How Large is 23 THE PADDOCKS?

23 THE PADDOCKS is 97m², which includes one extension, according to the EPC inspection conducted in January 2013. This puts it in the smallest 30% of semi-detached houses houses in Rayleigh, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Rayleigh, and where 23 THE PADDOCKS lies on this distribution: 24% of semi-detached houses houses are smaller than 23 THE PADDOCKS, and 76% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

23 THE PADDOCKS: Plot and Title Map

23 THE PADDOCKS sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 23 THE PADDOCKS, 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 23 THE PADDOCKS). 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 23 THE PADDOCKS?

23 THE PADDOCKS is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 23 on THE PADDOCKS.