24, HERON CLOSE, RAYLEIGH, SS6 9GF - £285,000

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.

24 HERON CLOSE is a very small terraced house of 61m², built sometime between 1983 and 1990, which could now be worth an estimated £336,611. It was last sold for £285,000 in November 2018, which was about the average November 2018 terraced price in the Rochford local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.

24 HERON CLOSE Sold Prices

Land registry data shows five sales for 24 HERON CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Rochford local authority area for the corresponding sale date. The five 24 HERON CLOSE sales were a mix of roughly equal to the average price, above the average price, and 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
2018 26 NOV	£285,000	£285,602	Close to HPI
2013 31 JAN	£180,000	£185,283	3% below HPI
2006 28 JUL	£171,500	£178,602	4% below HPI
2003 28 JAN	£144,950	£134,763	8% above HPI
1999 17 DEC	£78,995	£72,820	8% above HPI

24 HERON 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 five 24 HERON CLOSE sales between December 1999 and November 2018 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 January 2013 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2018 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 24 HERON CLOSE be worth now?

24 HERON CLOSE might now be worth an estimated £336,611.

This is based on house price inflation of 18.1%, between November 2018 and May 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 18.1% inflationary increase is applied to the most recent sale price for 24 HERON CLOSE of £285,000 on 26th November 2018. For the value to have increased from £285,000 to £336,611 over the eight years and six months to May 2026, the following assumptions must hold true:

• The value of 24 HERON CLOSE has moved in line with the HPI for terraced houses in the Rochford local authority area.
• The November 2018 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 24 HERON CLOSE has not materially changed since November 2018.

How Large is 24 HERON CLOSE?

24 HERON CLOSE is 61m² according to the EPC inspection conducted in August 2012. 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 24 HERON CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 24 HERON CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

24 HERON CLOSE: Plot and Title Map

24 HERON CLOSE sits on a plot of roughly 0.029 of an acre, or 116m². The below map shows the location of 24 HERON 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 24 HERON 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 24 HERON CLOSE?

24 HERON CLOSE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 24 on HERON CLOSE.