4, HANNINGFIELD CLOSE, RAYLEIGH, SS6 9EL - £295,000

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.

4 HANNINGFIELD CLOSE is a midsized detached house of 120m², built sometime between 1976 and 1982, which could now be worth an estimated £454,807. It was last sold for £295,000 in April 2015, which was around 29% below the average April 2015 detached price in the Rochford local authority area. The most recent EPC inspection was October 2009, where the current energy rating was E, and the potential energy rating was C.

4 HANNINGFIELD CLOSE Sold Prices

Land registry data shows three sales for 4 HANNINGFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. All of the three 4 HANNINGFIELD 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
2015 30 APR	£295,000	£412,944	29% below HPI
2009 18 DEC	£249,000	£327,709	24% below HPI
1999 29 JUN	£105,000	£131,377	20% below HPI

4 HANNINGFIELD 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 three 4 HANNINGFIELD CLOSE sales between June 1999 and April 2015 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 December 2009 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the April 2015 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 4 HANNINGFIELD CLOSE be worth now?

4 HANNINGFIELD CLOSE might now be worth an estimated £454,807.

This is based on house price inflation of 54.2%, between April 2015 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 54.2% inflationary increase is applied to the most recent sale price for 4 HANNINGFIELD CLOSE of £295,000 on 30th April 2015. For the value to have increased from £295,000 to £454,807 over the ten years and eleven months to May 2026, the following assumptions must hold true:

• The value of 4 HANNINGFIELD CLOSE has moved in line with the HPI for detached houses in the Rochford local authority area.
• The April 2015 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 4 HANNINGFIELD CLOSE has not materially changed since April 2015.

How Large is 4 HANNINGFIELD CLOSE?

4 HANNINGFIELD CLOSE is 120m² according to the EPC inspection conducted in October 2009. This puts it in the largest 50% 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 4 HANNINGFIELD CLOSE lies on this distribution: 49% of detached houses houses are smaller than 4 HANNINGFIELD CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

4 HANNINGFIELD CLOSE: Plot and Title Map

4 HANNINGFIELD CLOSE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 4 HANNINGFIELD 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 4 HANNINGFIELD 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 4 HANNINGFIELD CLOSE?

4 HANNINGFIELD CLOSE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 4 on HANNINGFIELD CLOSE.