21, POLSTEAD CLOSE, RAYLEIGH, SS6 9TW - £490,000

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.

21 POLSTEAD CLOSE is a small extended detached house of 95m², built sometime between 1996 and 2002, which could now be worth an estimated £566,057. It was last sold for £490,000 in February 2021, which was around 11% below the average February 2021 detached price in the Rochford local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

21 POLSTEAD CLOSE Sold Prices

Land registry data shows one sale for 21 POLSTEAD 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
2021 18 FEB	£490,000	£551,103	11% below HPI

What might 21 POLSTEAD CLOSE be worth now?

21 POLSTEAD CLOSE might now be worth an estimated £566,057.

This is based on house price inflation of 15.5%, between February 2021 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 15.5% inflationary increase is applied to the most recent sale price for 21 POLSTEAD CLOSE of £490,000 on 18th February 2021. For the value to have increased from £490,000 to £566,057 over the four years and nine months to May 2026, the following assumptions must hold true:

• The value of 21 POLSTEAD CLOSE has moved in line with the HPI for detached houses in the Rochford local authority area.
• The February 2021 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 21 POLSTEAD CLOSE has not materially changed since February 2021.

How Large is 21 POLSTEAD CLOSE?

21 POLSTEAD CLOSE is 95m², which includes three extensions, according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% of detached houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Rayleigh, and where 21 POLSTEAD CLOSE lies on this distribution: 22% of detached houses are smaller than 21 POLSTEAD CLOSE, and 77% of detached houses are larger. Note that EPC data is not available for all properties in Rayleigh.

21 POLSTEAD CLOSE: Plot

21 POLSTEAD CLOSE sits on a plot of roughly 0.153 of an acre, or 620m².

Where is 21 POLSTEAD CLOSE?

21 POLSTEAD CLOSE is located in RAYLEIGH, in the SS6 postcode district.