8, FAIRMEAD, RAYLEIGH, SS6 9DF - £450,000

8 FAIRMEAD is a very small extended detached house of 90m², built sometime between 1983 and 1990. It was last sold for £450,000 in March 2021, which was around 12% below the average March 2021 detached price in the Rochford local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

8 FAIRMEAD Sold Prices

Land registry data shows two sales for 8 FAIRMEAD 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 8 FAIRMEAD 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
2021 19 MAR	£450,000	£508,532	12% below HPI
2019 29 MAR	£401,000	£526,747	24% below HPI

8 FAIRMEAD 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 8 FAIRMEAD sales from March 2019 and March 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 March 2019 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 8 FAIRMEAD?

8 FAIRMEAD is 90m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 20% of detached houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Rayleigh, and where 8 FAIRMEAD lies on this distribution: 18% of detached houses are smaller than 8 FAIRMEAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

8 FAIRMEAD: Plot and Title Map

8 FAIRMEAD sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 8 FAIRMEAD, 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 8 FAIRMEAD). 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 8 FAIRMEAD?

8 FAIRMEAD is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 8 on FAIRMEAD.