4, YORK CLOSE, RAYLEIGH, SS6 8SE - £625,000

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 YORK CLOSE is a very large extended detached house of 187m², built sometime between 1967 and 1975, which could now be worth an estimated £701,382. It was last sold for £625,000 in November 2020, which was around 10% above the average November 2020 detached price in the Rochford local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

4 YORK CLOSE Sold Prices

Land registry data shows two sales for 4 YORK 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. One of the two 4 YORK CLOSE sales was for above the average price, whilst the other was 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
2020 5 NOV	£625,000	£567,312	10% above HPI
2011 9 MAY	£342,500	£346,934	1% below HPI

4 YORK 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 4 YORK CLOSE sales from May 2011 and November 2020 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 May 2011 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the November 2020 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 4 YORK CLOSE be worth now?

4 YORK CLOSE might now be worth an estimated £701,382.

This is based on house price inflation of 12.2%, between November 2020 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 12.2% inflationary increase is applied to the most recent sale price for 4 YORK CLOSE of £625,000 on 5th November 2020. For the value to have increased from £625,000 to £701,382 over the six years and six months to May 2026, the following assumptions must hold true:

• The value of 4 YORK CLOSE has moved in line with the HPI for detached houses in the Rochford local authority area.
• The November 2020 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 4 YORK CLOSE has not materially changed since November 2020.

How Large is 4 YORK CLOSE?

4 YORK CLOSE is 187m², which includes three extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 10% 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 YORK CLOSE lies on this distribution: 91% of detached houses houses are smaller than 4 YORK CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

4 YORK CLOSE: Plot and Title Map

4 YORK CLOSE sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 4 YORK 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 YORK 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 YORK CLOSE?

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