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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 OAKLEY AVENUE is a very small detached house of 68m², built sometime between 1996 and 2002. It was last sold for £430,000 in April 2022, which was around 23% 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	£555,792	23% below HPI
2017 22 MAY	£352,000	£485,485	27% below HPI
2011 21 OCT	£230,000	£311,648	26% below HPI
2007 1 JUN	£245,000	£322,910	24% below HPI
2006 5 JAN	£232,000	£291,313	20% 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 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2022 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

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 in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Rayleigh, and where 16 OAKLEY AVENUE lies on this distribution: 4% of detached 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.