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
8 MOUNT AVENUE is a very small extended detached house of 61m², built sometime between 1950 and 1966. It was last sold for £286,000 in February 2021, which was around 45% below the average February 2021 detached price in the Rochford local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows four sales for 8 MOUNT AVENUE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. All of the four 8 MOUNT 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 |
---|---|---|---|
2021 26 FEB | £286,000 | £515,613 | 45% below HPI |
2006 6 JAN | £174,500 | £291,313 | 40% below HPI |
2002 5 APR | £120,000 | £200,696 | 40% below HPI |
1995 28 APR | £54,995 | £92,125 | 40% below HPI |
The below graph shows the average detached house price in the Rochford local authority area over time, sourced from the HPI. The four 8 MOUNT AVENUE sales between April 1995 and February 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 January 2006 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the February 2021 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.
8 MOUNT AVENUE is 61m², which includes two extensions, according to the EPC inspection conducted in April 2011. This puts it in the smallest 10% of detached houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Rayleigh, and where 8 MOUNT AVENUE lies on this distribution: 2% of detached houses are smaller than 8 MOUNT AVENUE, and 98% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.
8 MOUNT AVENUE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 8 MOUNT 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 8 MOUNT 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.
8 MOUNT AVENUE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 8 on MOUNT AVENUE.