44, HERON CLOSE, RAYLEIGH, SS6 9GF - £306,500

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.

44 HERON CLOSE is a very small extended terraced house of 64m², built sometime between 1996 and 2002, which could now be worth an estimated £345,297. It was last sold for £306,500 in June 2021, which was around 2% above the average June 2021 terraced price in the Rochford local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

44 HERON CLOSE Sold Prices

Land registry data shows six sales for 44 HERON CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Rochford local authority area for the corresponding sale date. three of the six 44 HERON CLOSE sales were for above the average price, and six 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
2021 30 JUN	£306,500	£299,421	2% above HPI
2016 1 JUL	£245,000	£264,176	7% below HPI
2014 31 JAN	£200,000	£195,226	2% above HPI
2009 8 DEC	£173,000	£182,566	5% below HPI
2005 9 DEC	£162,000	£171,666	6% below HPI
1999 21 OCT	£71,995	£69,925	3% above HPI

44 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 six 44 HERON CLOSE sales between October 1999 and June 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 2016 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2021 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 44 HERON CLOSE be worth now?

44 HERON CLOSE might now be worth an estimated £345,297.

This is based on house price inflation of 12.7%, between June 2021 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 12.7% inflationary increase is applied to the most recent sale price for 44 HERON CLOSE of £306,500 on 30th June 2021. For the value to have increased from £306,500 to £345,297 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 44 HERON CLOSE has moved in line with the HPI for terraced houses in the Rochford local authority area.
• The June 2021 sale price of £306,500 represented a fair market value for the property.
• The size, condition, and specification of 44 HERON CLOSE has not materially changed since June 2021.

How Large is 44 HERON CLOSE?

44 HERON CLOSE is 64m², which includes one extension, according to the EPC inspection conducted in April 2021. 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 44 HERON CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 44 HERON CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

44 HERON CLOSE: Plot and Title Map

44 HERON CLOSE sits on a plot of roughly 0.022 of an acre, or 91m². The below map shows the location of 44 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 44 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 44 HERON CLOSE?

44 HERON CLOSE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 44 on HERON CLOSE.