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
31 WOOD AVENUE is a very large extended detached house of 351m², built sometime between 1996 and 2002. It was last sold for £985,000 in January 2019, which was around 90% above the average January 2019 detached price in the Rochford local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 31 WOOD AVENUE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. All of the three 31 WOOD AVENUE sales were for above 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 |
---|---|---|---|
2019 25 JAN | £985,000 | £517,981 | 90% above HPI |
2008 7 OCT | £630,000 | £316,532 | 99% above HPI |
2004 21 APR | £595,000 | £276,752 | 115% above HPI |
The below graph shows the average detached house price in the Rochford local authority area over time, sourced from the HPI. The three 31 WOOD AVENUE sales between April 2004 and January 2019 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 October 2008 sale was for 99% above the HPI. So the extrapolation line tracks at 99% above the HPI over time, until the January 2019 sale, where it falls to 90% above the HPI. The line then continues to track at 90% above the HPI.
31 WOOD AVENUE is 351m², which includes two extensions, according to the EPC inspection conducted in September 2018. This puts it in the largest 10% of detached houses in Hockley, based on EPC data. The below chart shows the distribution of detached houses by size in Hockley, and where 31 WOOD AVENUE lies on this distribution: 98% of detached houses are smaller than 31 WOOD AVENUE, and 2% of houses are larger. Note that EPC data is not available for all properties in Hockley.
31 WOOD AVENUE sits on a plot of roughly 0.373 of an acre, or 1,508m². The below map shows the location of 31 WOOD 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 WOOD 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.
31 WOOD AVENUE is located in HOCKLEY, in the SS5 postcode district. The below map shows the position of No. 31 on WOOD AVENUE.