32, KNIVET CLOSE, RAYLEIGH, SS6 8PD - £486,000

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.

32 KNIVET CLOSE is a small detached house of 110m², built sometime between 1983 and 1990, which could now be worth an estimated £509,595. It was last sold for £486,000 in October 2024, which was around 20% below the average October 2024 detached price in the Rochford local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

32 KNIVET CLOSE Sold Prices

Land registry data shows two sales for 32 KNIVET CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. Both of the two 32 KNIVET CLOSE 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
2024 18 OCT	£486,000	£607,166	20% below HPI
2021 30 JUN	£442,000	£556,221	21% below HPI

32 KNIVET 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 two 32 KNIVET CLOSE sales from June 2021 and October 2024 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 2021 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2024 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 32 KNIVET CLOSE be worth now?

32 KNIVET CLOSE might now be worth an estimated £509,595.

This is based on house price inflation of 4.9%, between October 2024 and May 2026, for 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 4.9% inflationary increase is applied to the most recent sale price for 32 KNIVET CLOSE of £486,000 on 18th October 2024. For the value to have increased from £486,000 to £509,595 over the two years and five months to May 2026, the following assumptions must hold true:

• The value of 32 KNIVET CLOSE has moved in line with the HPI for detached houses in the Rochford local authority area.
• The October 2024 sale price of £486,000 represented a fair market value for the property.
• The size, condition, and specification of 32 KNIVET CLOSE has not materially changed since October 2024.

How Large is 32 KNIVET CLOSE?

32 KNIVET CLOSE is 110m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 40% of detached houses houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rayleigh, and where 32 KNIVET CLOSE lies on this distribution: 37% of detached houses houses are smaller than 32 KNIVET CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

32 KNIVET CLOSE: Plot and Title Map

32 KNIVET CLOSE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 32 KNIVET 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 32 KNIVET 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 32 KNIVET CLOSE?

32 KNIVET CLOSE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 32 on KNIVET CLOSE.