3, WARWICK CLOSE, RAYLEIGH, SS6 8PH - £235,000

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.

3 WARWICK CLOSE is a very small extended semi-detached house of 88m², built sometime between 1950 and 1966, which could now be worth an estimated £418,355. It was last sold for £235,000 in December 2010, which was around 12% above the average December 2010 semi-detached price in the Rochford local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

3 WARWICK CLOSE Sold Prices

Land registry data shows two sales for 3 WARWICK CLOSE 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 3 WARWICK CLOSE 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
2010 10 DEC	£235,000	£210,054	12% above HPI
2009 9 OCT	£249,995	£199,957	25% above HPI

3 WARWICK CLOSE 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 3 WARWICK CLOSE sales from October 2009 and December 2010 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 October 2009 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the December 2010 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 3 WARWICK CLOSE be worth now?

3 WARWICK CLOSE might now be worth an estimated £418,355.

This is based on house price inflation of 78%, between December 2010 and March 2025, 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 78% inflationary increase is applied to the most recent sale price for 3 WARWICK CLOSE of £235,000 on 10th December 2010. For the value to have increased from £235,000 to £418,355 over the fifteen years and nine months to March 2025, the following assumptions must hold true:

• The value of 3 WARWICK CLOSE has moved in line with the HPI for semi-detached houses in the Rochford local authority area.
• The December 2010 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WARWICK CLOSE has not materially changed since December 2010.

How Large is 3 WARWICK CLOSE?

3 WARWICK CLOSE is 88m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the smallest 20% 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 3 WARWICK CLOSE lies on this distribution: 16% of semi-detached houses houses are smaller than 3 WARWICK CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

3 WARWICK CLOSE: Plot and Title Map

3 WARWICK CLOSE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 3 WARWICK 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 3 WARWICK 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 3 WARWICK CLOSE?

3 WARWICK CLOSE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 3 on WARWICK CLOSE.