5, SAXON CLOSE, RAYLEIGH, SS6 9NS - £405,000

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 SAXON CLOSE is a large extended detached house of 141m², built sometime between 1950 and 1966, which could now be worth an estimated £559,764. It was last sold for £405,000 in January 2016, which was around 12% below the average January 2016 detached price in the Rochford local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

5 SAXON CLOSE Sold Prices

Land registry data shows four sales for 5 SAXON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. All of the four 5 SAXON CLOSE 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
2016 21 JAN	£405,000	£460,624	12% below HPI
2014 21 NOV	£339,000	£396,083	14% below HPI
2012 28 SEP	£310,000	£346,235	10% below HPI
2001 16 MAR	£134,000	£182,701	27% below HPI

5 SAXON 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 four 5 SAXON CLOSE sales between March 2001 and January 2016 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 2014 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the January 2016 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 5 SAXON CLOSE be worth now?

5 SAXON CLOSE might now be worth an estimated £559,764.

This is based on house price inflation of 38.2%, between January 2016 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 38.2% inflationary increase is applied to the most recent sale price for 5 SAXON CLOSE of £405,000 on 21st January 2016. For the value to have increased from £405,000 to £559,764 over the nine years and eight months to May 2026, the following assumptions must hold true:

• The value of 5 SAXON CLOSE has moved in line with the HPI for detached houses in the Rochford local authority area.
• The January 2016 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SAXON CLOSE has not materially changed since January 2016.

How Large is 5 SAXON CLOSE?

5 SAXON CLOSE is 141m², which includes two extensions, according to the EPC inspection conducted in September 2016. This puts it in the largest 40% 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 SAXON CLOSE lies on this distribution: 69% of detached houses houses are smaller than 5 SAXON CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

5 SAXON CLOSE: Plot and Title Map

5 SAXON CLOSE sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 5 SAXON 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 5 SAXON 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 5 SAXON CLOSE?

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