5, THE CHASE, RAYLEIGH, SS6 8QL - £260,000

5 THE CHASE is a very small extended detached house of 67m², built sometime between 1950 and 1966. It was last sold for £260,000 in June 2015, which was around 34% below the average June 2015 detached price in the Rochford local authority area. The most recent EPC inspection was August 2013, where the current energy rating was F, and the potential energy rating was C.

5 THE CHASE Sold Prices

Land registry data shows two sales for 5 THE CHASE 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 THE CHASE 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
2015 25 JUN	£260,000	£393,694	34% below HPI
2013 25 NOV	£175,000	£336,964	48% below HPI

5 THE CHASE 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 THE CHASE sales from November 2013 and June 2015 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 2013 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the June 2015 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 5 THE CHASE?

5 THE CHASE is 67m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% of detached houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Rayleigh, and where 5 THE CHASE lies on this distribution: 3% of detached houses are smaller than 5 THE CHASE, and 96% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

5 THE CHASE: Plot and Title Map

5 THE CHASE sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of 5 THE CHASE, 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 THE CHASE). 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 THE CHASE?

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