16, OAKLEY AVENUE, RAYLEIGH, SS6 9TE - £430,000

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.

16 OAKLEY AVENUE is a very small detached house of 68m², built sometime between 1996 and 2002, which could now be worth an estimated £450,316. It was last sold for £430,000 in April 2022, which was around 28% below the average April 2022 detached price in the Rochford local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

16 OAKLEY AVENUE Sold Prices

Land registry data shows five sales for 16 OAKLEY AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. All of the five 16 OAKLEY AVENUE 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 14 APR	£430,000	£594,048	28% below HPI
2017 22 MAY	£352,000	£518,901	32% below HPI
2011 21 OCT	£230,000	£333,099	31% below HPI
2007 1 JUN	£245,000	£345,136	29% below HPI
2006 5 JAN	£232,000	£311,364	25% below HPI

16 OAKLEY AVENUE 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 five 16 OAKLEY AVENUE sales between January 2006 and April 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 May 2017 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the April 2022 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 16 OAKLEY AVENUE be worth now?

16 OAKLEY AVENUE might now be worth an estimated £450,316.

This is based on house price inflation of 4.7%, between April 2022 and February 2025, 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 4.7% inflationary increase is applied to the most recent sale price for 16 OAKLEY AVENUE of £430,000 on 14th April 2022. For the value to have increased from £430,000 to £450,316 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 16 OAKLEY AVENUE has moved in line with the HPI for detached houses in the Rochford local authority area.
• The April 2022 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 16 OAKLEY AVENUE has not materially changed since April 2022.

How Large is 16 OAKLEY AVENUE?

16 OAKLEY AVENUE is 68m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of detached houses houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rayleigh, and where 16 OAKLEY AVENUE lies on this distribution: 4% of detached houses houses are smaller than 16 OAKLEY AVENUE, and 96% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

16 OAKLEY AVENUE: Plot and Title Map

16 OAKLEY AVENUE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 16 OAKLEY AVENUE, 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 16 OAKLEY AVENUE). 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 16 OAKLEY AVENUE?

16 OAKLEY AVENUE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 16 on OAKLEY AVENUE.