12, LATCHINGDON CLOSE, RAYLEIGH, SS6 9HA - £450,000

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 LATCHINGDON CLOSE is a midsized detached house of 115m², built sometime between 1983 and 1990, which could now be worth an estimated £510,591. It was last sold for £450,000 in May 2019, which was around 20% below the average May 2019 detached price in the Rochford local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

12 LATCHINGDON CLOSE Sold Prices

Land registry data shows one sale for 12 LATCHINGDON CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Rochford local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 10 MAY	£450,000	£561,094	20% below HPI

What might 12 LATCHINGDON CLOSE be worth now?

12 LATCHINGDON CLOSE might now be worth an estimated £510,591.

This is based on house price inflation of 13.5%, between May 2019 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 13.5% inflationary increase is applied to the most recent sale price for 12 LATCHINGDON CLOSE of £450,000 on 10th May 2019. For the value to have increased from £450,000 to £510,591 over the seven years to May 2026, the following assumptions must hold true:

• The value of 12 LATCHINGDON CLOSE has moved in line with the HPI for detached houses in the Rochford local authority area.
• The May 2019 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 12 LATCHINGDON CLOSE has not materially changed since May 2019.

How Large is 12 LATCHINGDON CLOSE?

12 LATCHINGDON CLOSE is 115m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 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 LATCHINGDON CLOSE lies on this distribution: 43% of detached houses are smaller than 12 LATCHINGDON CLOSE, and 56% of detached houses are larger. Note that EPC data is not available for all properties in Rayleigh.

12 LATCHINGDON CLOSE: Plot

12 LATCHINGDON CLOSE sits on a plot of roughly 0.080 of an acre, or 322m².

Where is 12 LATCHINGDON CLOSE?

12 LATCHINGDON CLOSE is located in RAYLEIGH, in the SS6 postcode district.