5, HIGHFIELD CRESCENT, RAYLEIGH, SS6 8JP - £470,000

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 HIGHFIELD CRESCENT is a midsized extended detached house of 128m², built sometime between 1930 and 1949, which could now be worth an estimated £567,205. It was last sold for £470,000 in December 2017, which was around 11% below the average December 2017 detached price in the Rochford local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was C.

5 HIGHFIELD CRESCENT Sold Prices

Land registry data shows two sales for 5 HIGHFIELD CRESCENT 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. Both of the two 5 HIGHFIELD CRESCENT 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
2017 15 DEC	£470,000	£527,539	11% below HPI
2006 16 JAN	£265,000	£311,364	15% below HPI

5 HIGHFIELD CRESCENT 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 5 HIGHFIELD CRESCENT sales from January 2006 and December 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 January 2006 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2017 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 5 HIGHFIELD CRESCENT be worth now?

5 HIGHFIELD CRESCENT might now be worth an estimated £567,205.

This is based on house price inflation of 20.7%, between December 2017 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 20.7% inflationary increase is applied to the most recent sale price for 5 HIGHFIELD CRESCENT of £470,000 on 15th December 2017. For the value to have increased from £470,000 to £567,205 over the nine years and seven months to May 2026, the following assumptions must hold true:

• The value of 5 HIGHFIELD CRESCENT has moved in line with the HPI for detached houses in the Rochford local authority area.
• The December 2017 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HIGHFIELD CRESCENT has not materially changed since December 2017.

How Large is 5 HIGHFIELD CRESCENT?

5 HIGHFIELD CRESCENT is 128m², which includes one extension, 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 5 HIGHFIELD CRESCENT lies on this distribution: 57% of detached houses houses are smaller than 5 HIGHFIELD CRESCENT, and 43% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

5 HIGHFIELD CRESCENT: Plot and Title Map

5 HIGHFIELD CRESCENT sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of 5 HIGHFIELD CRESCENT, 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 HIGHFIELD CRESCENT). 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 HIGHFIELD CRESCENT?

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