18, OAKLEY AVENUE, RAYLEIGH, SS6 9TE - £305,000

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

18 OAKLEY AVENUE is a midsized extended detached house of 121m², built sometime between 1996 and 2002. It was last sold for £305,000 in June 2007, which was around 6% below the average June 2007 detached price in the Rochford local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was C.

18 OAKLEY AVENUE Sold Prices

Land registry data shows two sales for 18 OAKLEY AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. Both of the two 18 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
2007 6 JUN	£305,000	£322,910	6% below HPI
1997 28 NOV	£112,000	£115,333	3% below HPI

18 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 two 18 OAKLEY AVENUE sales from November 1997 and June 2007 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 November 1997 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2007 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 18 OAKLEY AVENUE?

18 OAKLEY AVENUE is 121m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the largest 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 18 OAKLEY AVENUE lies on this distribution: 51% of detached houses are smaller than 18 OAKLEY AVENUE, and 48% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

18 OAKLEY AVENUE: Plot and Title Map

18 OAKLEY AVENUE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 18 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 18 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 18 OAKLEY AVENUE?

18 OAKLEY AVENUE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 18 on OAKLEY AVENUE.