43, HERON CLOSE, RAYLEIGH, SS6 9GF - £213,000

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.

43 HERON CLOSE is a very small terraced house of 71m², built sometime between 1996 and 2002, which could now be worth an estimated £357,127. It was last sold for £213,000 in July 2008, which was around 6% above the average July 2008 terraced price in the Rochford local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

43 HERON CLOSE Sold Prices

Land registry data shows three sales for 43 HERON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Rochford local authority area for the corresponding sale date. All of the three 43 HERON 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
2008 2 JUL	£213,000	£201,188	6% above HPI
2001 15 NOV	£115,500	£101,575	14% above HPI
2000 28 FEB	£94,995	£76,458	24% above HPI

43 HERON CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Rochford local authority area over time, sourced from the HPI. The three 43 HERON CLOSE sales between February 2000 and July 2008 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 November 2001 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the July 2008 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 43 HERON CLOSE be worth now?

43 HERON CLOSE might now be worth an estimated £357,127.

This is based on house price inflation of 67.7%, between July 2008 and May 2026, for terraced 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 67.7% inflationary increase is applied to the most recent sale price for 43 HERON CLOSE of £213,000 on 2nd July 2008. For the value to have increased from £213,000 to £357,127 over the eighteen years and two months to May 2026, the following assumptions must hold true:

• The value of 43 HERON CLOSE has moved in line with the HPI for terraced houses in the Rochford local authority area.
• The July 2008 sale price of £213,000 represented a fair market value for the property.
• The size, condition, and specification of 43 HERON CLOSE has not materially changed since July 2008.

How Large is 43 HERON CLOSE?

43 HERON CLOSE is 71m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of terraced houses houses in Rayleigh, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Rayleigh, and where 43 HERON CLOSE lies on this distribution: 4% of terraced houses houses are smaller than 43 HERON CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

43 HERON CLOSE: Plot and Title Map

43 HERON CLOSE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 43 HERON 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 43 HERON 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 43 HERON CLOSE?

43 HERON CLOSE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 43 on HERON CLOSE.