5, CHERRYDOWN, RAYLEIGH, SS6 9ND - £485,000

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.

5 CHERRYDOWN is a very large detached house of 192m², built sometime between 1991 and 1995, which could now be worth an estimated £596,266. It was last sold for £485,000 in January 2017, which was around 5% below the average January 2017 detached price in the Rochford local authority area. The most recent EPC inspection was October 2011, where the current energy rating was C, and the potential energy rating was C.

5 CHERRYDOWN Sold Prices

Land registry data shows three sales for 5 CHERRYDOWN 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. Two of the three 5 CHERRYDOWN sales were for below the average price, whilst one was 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
2017 27 JAN	£485,000	£508,896	5% below HPI
2012 30 NOV	£350,000	£338,872	3% above HPI
2005 1 MAY	£295,000	£310,720	5% below HPI

5 CHERRYDOWN 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 5 CHERRYDOWN sales between May 2005 and January 2017 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 2012 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the January 2017 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 5 CHERRYDOWN be worth now?

5 CHERRYDOWN might now be worth an estimated £596,266.

This is based on house price inflation of 22.9%, between January 2017 and April 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 22.9% inflationary increase is applied to the most recent sale price for 5 CHERRYDOWN of £485,000 on 27th January 2017. For the value to have increased from £485,000 to £596,266 over the eight years and nine months to April 2026, the following assumptions must hold true:

• The value of 5 CHERRYDOWN has moved in line with the HPI for detached houses in the Rochford local authority area.
• The January 2017 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CHERRYDOWN has not materially changed since January 2017.

How Large is 5 CHERRYDOWN?

5 CHERRYDOWN is 192m² according to the EPC inspection conducted in October 2011. 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 5 CHERRYDOWN lies on this distribution: 92% of detached houses houses are smaller than 5 CHERRYDOWN, and 8% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

5 CHERRYDOWN: Plot and Title Map

5 CHERRYDOWN sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 5 CHERRYDOWN, 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 5 CHERRYDOWN). 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 5 CHERRYDOWN?

5 CHERRYDOWN is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 5 on CHERRYDOWN.