5, VERNON AVENUE, RAYLEIGH, SS6 9BS - £287,000

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

5 VERNON AVENUE is a very small detached house of 85m², built sometime between 1967 and 1975. It was last sold for £287,000 in January 2018, which was around 42% below the average January 2018 detached price in the Rochford local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

5 VERNON AVENUE Sold Prices

Land registry data shows two sales for 5 VERNON 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 5 VERNON 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
2018 18 JAN	£287,000	£493,272	42% below HPI
2016 20 JUN	£275,000	£456,177	40% below HPI

5 VERNON 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 5 VERNON AVENUE sales from June 2016 and January 2018 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 2016 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the January 2018 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 5 VERNON AVENUE?

5 VERNON AVENUE is 85m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 20% of detached houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Rayleigh, and where 5 VERNON AVENUE lies on this distribution: 13% of detached houses are smaller than 5 VERNON AVENUE, and 86% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

5 VERNON AVENUE: Plot and Title Map

5 VERNON AVENUE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 5 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 5 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 5 VERNON AVENUE?

5 VERNON AVENUE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 5 on VERNON AVENUE.