31, VERNON AVENUE, RAYLEIGH, SS6 9BS - £330,000

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.

31 VERNON AVENUE is a very small extended semi-detached house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £369,976. It was last sold for £330,000 in September 2020, which was around 3% below the average September 2020 semi-detached price in the Rochford local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

31 VERNON AVENUE Sold Prices

Land registry data shows two sales for 31 VERNON AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Rochford local authority area for the corresponding sale date. One of the two 31 VERNON AVENUE sales was for below the average price, whilst the other was roughly equal to 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
2020 8 SEP	£330,000	£338,727	3% below HPI
1999 9 JUL	£80,000	£79,789	Close to HPI

31 VERNON AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Rochford local authority area over time, sourced from the HPI. The two 31 VERNON AVENUE sales from July 1999 and September 2020 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 July 1999 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2020 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 31 VERNON AVENUE be worth now?

31 VERNON AVENUE might now be worth an estimated £369,976.

This is based on house price inflation of 12.1%, between September 2020 and February 2025, for semi-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 12.1% inflationary increase is applied to the most recent sale price for 31 VERNON AVENUE of £330,000 on 8th September 2020. For the value to have increased from £330,000 to £369,976 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 31 VERNON AVENUE has moved in line with the HPI for semi-detached houses in the Rochford local authority area.
• The September 2020 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 31 VERNON AVENUE has not materially changed since September 2020.

How Large is 31 VERNON AVENUE?

31 VERNON AVENUE is 86m², which includes two extensions, according to the EPC inspection conducted in November 2019. This puts it in the smallest 20% of semi-detached houses houses in Rayleigh, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Rayleigh, and where 31 VERNON AVENUE lies on this distribution: 14% of semi-detached houses houses are smaller than 31 VERNON AVENUE, and 85% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

31 VERNON AVENUE: Plot and Title Map

31 VERNON AVENUE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 31 VERNON 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 31 VERNON 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 31 VERNON AVENUE?

31 VERNON AVENUE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 31 on VERNON AVENUE.