12, CHERRYDOWN, RAYLEIGH, SS6 9ND - £565,000

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.

12 CHERRYDOWN is a midsized extended detached house of 126m², built sometime between 1976 and 1982, which could now be worth an estimated £613,761. It was last sold for £565,000 in February 2022, which was around 2% below the average February 2022 detached price in the Rochford local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

12 CHERRYDOWN Sold Prices

Land registry data shows three sales for 12 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. All of the three 12 CHERRYDOWN 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
2022 15 FEB	£565,000	£575,939	2% below HPI
2015 9 JAN	£349,995	£399,610	12% below HPI
2013 5 SEP	£305,000	£355,028	14% below HPI

12 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 12 CHERRYDOWN sales between September 2013 and February 2022 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 2015 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2022 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 12 CHERRYDOWN be worth now?

12 CHERRYDOWN might now be worth an estimated £613,761.

This is based on house price inflation of 8.6%, between February 2022 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 8.6% inflationary increase is applied to the most recent sale price for 12 CHERRYDOWN of £565,000 on 15th February 2022. For the value to have increased from £565,000 to £613,761 over the three years and ten months to April 2026, the following assumptions must hold true:

• The value of 12 CHERRYDOWN has moved in line with the HPI for detached houses in the Rochford local authority area.
• The February 2022 sale price of £565,000 represented a fair market value for the property.
• The size, condition, and specification of 12 CHERRYDOWN has not materially changed since February 2022.

How Large is 12 CHERRYDOWN?

12 CHERRYDOWN is 126m², which includes two extensions, according to the EPC inspection conducted in February 2013. This puts it in the largest 50% of detached houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Rayleigh, and where 12 CHERRYDOWN lies on this distribution: 55% of detached houses are smaller than 12 CHERRYDOWN, and 43% of detached houses are larger. Note that EPC data is not available for all properties in Rayleigh.

12 CHERRYDOWN: Plot

12 CHERRYDOWN sits on a plot of roughly 0.058 of an acre, or 234m².

Where is 12 CHERRYDOWN?

12 CHERRYDOWN is located in RAYLEIGH, in the SS6 postcode district.