31, FALCON CLOSE, RAYLEIGH, SS6 9BH - £483,000

31 FALCON CLOSE is a small detached house of 99m², built sometime between 1996 and 2002. It was last sold for £483,000 in February 2021, which was around 6% below the average February 2021 detached price in the Rochford local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

31 FALCON CLOSE Sold Prices

Land registry data shows five sales for 31 FALCON CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. The five 31 FALCON CLOSE sales were a mix of below the average price, roughly equal to the average price, and 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 8 FEB	£483,000	£515,613	6% below HPI
2013 19 JUL	£327,000	£327,141	Close to HPI
2007 9 MAR	£297,500	£313,229	5% below HPI
2000 31 JAN	£152,000	£140,268	8% above HPI
1996 27 SEP	£115,000	£96,873	19% above HPI

31 FALCON CLOSE 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 five 31 FALCON CLOSE sales between September 1996 and February 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 July 2013 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2021 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 31 FALCON CLOSE?

31 FALCON CLOSE is 99m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 30% of detached houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Rayleigh, and where 31 FALCON CLOSE lies on this distribution: 26% of detached houses are smaller than 31 FALCON CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

31 FALCON CLOSE: Plot and Title Map

31 FALCON CLOSE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 31 FALCON 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 31 FALCON 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 31 FALCON CLOSE?

31 FALCON CLOSE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 31 on FALCON CLOSE.