FERNDALE, STILE LANE, RAYLEIGH, SS6 8JA - £414,000

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

FERNDALE is a very large extended detached house of 168m², built sometime between 1900 and 1929. It was last sold for £414,000 in December 2023, which was around 26% below the average December 2023 detached price in the Rochford local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

FERNDALE Sold Prices

Land registry data shows three sales for FERNDALE since 1^st 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. Two of the three FERNDALE sales were for below the average price, whilst one was 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
2023 14 DEC	£414,000	£560,639	26% below HPI
2018 29 OCT	£675,000	£511,390	32% above HPI
1995 27 JAN	£82,000	£99,072	17% below HPI

FERNDALE 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 three FERNDALE sales between January 1995 and December 2023 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 2018 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the December 2023 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is FERNDALE?

FERNDALE is 168m², which includes two extensions, according to the EPC inspection conducted in June 2018. This puts it in the largest 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 FERNDALE lies on this distribution: 84% of detached houses are smaller than FERNDALE, and 16% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

FERNDALE: Plot and Title Map

FERNDALE sits on a plot of roughly 0.367 of an acre, or 1,487m². The below map shows the location of FERNDALE, 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 FERNDALE). 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 FERNDALE?

FERNDALE is located on STILE LANE in RAYLEIGH, in the SS6 postcode district. The below map shows the position of FERNDALE on STILE LANE.