2, AVELEY CLOSE, AVELEY, SOUTH OCKENDON, RM15 4AB - £380,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 AVELEY CLOSE is a small extended detached house of 102m², built sometime between 1950 and 1966. It was last sold for £380,000 in May 2021, which was around 28% below the average May 2021 detached price in the Thurrock local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

2 AVELEY CLOSE Sold Prices

Land registry data shows three sales for 2 AVELEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Thurrock local authority area for the corresponding sale date. All of the three 2 AVELEY CLOSE 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
2021 21 MAY	£380,000	£530,039	28% below HPI
2012 29 JUN	£240,000	£295,906	19% below HPI
2000 24 NOV	£143,000	£156,241	8% below HPI

2 AVELEY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Thurrock local authority area over time, sourced from the HPI. The three 2 AVELEY CLOSE sales between November 2000 and May 2021 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 June 2012 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 2 AVELEY CLOSE?

2 AVELEY CLOSE is 102m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 40% of detached houses in Aveley, based on EPC data. The below chart shows the distribution of detached houses by size in Aveley, and where 2 AVELEY CLOSE lies on this distribution: 38% of detached houses are smaller than 2 AVELEY CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Aveley.

2 AVELEY CLOSE: Plot and Title Map

2 AVELEY CLOSE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 2 AVELEY CLOSE, 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 2 AVELEY CLOSE). 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 2 AVELEY CLOSE?

2 AVELEY CLOSE is located in AVELEY, in the RM15 postcode district. The below map shows the position of No. 2 on AVELEY CLOSE.