5, FAIRMEAD, RAYLEIGH, SS6 9DF - £410,000

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.

5 FAIRMEAD is a large extended detached house of 137m², built sometime between 1983 and 1990, which could now be worth an estimated £480,381. It was last sold for £410,000 in November 2018, which was around 25% below the average November 2018 detached price in the Rochford local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

5 FAIRMEAD Sold Prices

Land registry data shows one sale for 5 FAIRMEAD 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
2018 20 NOV	£410,000	£543,369	25% below HPI

What might 5 FAIRMEAD be worth now?

5 FAIRMEAD might now be worth an estimated £480,381.

This is based on house price inflation of 17.2%, between November 2018 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 17.2% inflationary increase is applied to the most recent sale price for 5 FAIRMEAD of £410,000 on 20th November 2018. For the value to have increased from £410,000 to £480,381 over the eight years and six months to May 2026, the following assumptions must hold true:

• The value of 5 FAIRMEAD has moved in line with the HPI for detached houses in the Rochford local authority area.
• The November 2018 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FAIRMEAD has not materially changed since November 2018.

How Large is 5 FAIRMEAD?

5 FAIRMEAD is 137m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the largest 40% 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 FAIRMEAD lies on this distribution: 65% of detached houses are smaller than 5 FAIRMEAD, and 34% of detached houses are larger. Note that EPC data is not available for all properties in Rayleigh.

5 FAIRMEAD: Plot

5 FAIRMEAD sits on a plot of roughly 0.065 of an acre, or 263m².

Where is 5 FAIRMEAD?

5 FAIRMEAD is located in RAYLEIGH, in the SS6 postcode district.