1, GLOUCESTER AVENUE, RAYLEIGH, SS6 8XR - £415,000

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.

1 GLOUCESTER AVENUE is a midsized detached house of 116m², built sometime between 1976 and 1982, which could now be worth an estimated £450,962. It was last sold for £415,000 in February 2019, which was around 26% below the average February 2019 detached price in the Rochford local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

1 GLOUCESTER AVENUE Sold Prices

Land registry data shows four sales for 1 GLOUCESTER AVENUE since 1^st 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 1 GLOUCESTER 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
2019 14 FEB	£415,000	£561,765	26% below HPI
2018 14 DEC	£415,000	£547,147	24% below HPI
2002 28 MAR	£185,000	£206,817	11% below HPI
1998 26 MAY	£110,000	£122,832	10% below HPI

1 GLOUCESTER 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 four 1 GLOUCESTER AVENUE sales between May 1998 and February 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 December 2018 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2019 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 1 GLOUCESTER AVENUE be worth now?

1 GLOUCESTER AVENUE might now be worth an estimated £450,962.

This is based on house price inflation of 8.7%, between February 2019 and June 2025, for 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 8.7% inflationary increase is applied to the most recent sale price for 1 GLOUCESTER AVENUE of £415,000 on 14th February 2019. For the value to have increased from £415,000 to £450,962 over the five years and eight months to June 2025, the following assumptions must hold true:

• The value of 1 GLOUCESTER AVENUE has moved in line with the HPI for detached houses in the Rochford local authority area.
• The February 2019 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GLOUCESTER AVENUE has not materially changed since February 2019.

How Large is 1 GLOUCESTER AVENUE?

1 GLOUCESTER AVENUE is 116m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 50% of detached houses houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rayleigh, and where 1 GLOUCESTER AVENUE lies on this distribution: 44% of detached houses houses are smaller than 1 GLOUCESTER AVENUE, and 55% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

1 GLOUCESTER AVENUE: Plot and Title Map

1 GLOUCESTER AVENUE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 1 GLOUCESTER 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 1 GLOUCESTER 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 1 GLOUCESTER AVENUE?

1 GLOUCESTER AVENUE is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 1 on GLOUCESTER AVENUE.