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
2 CENTRAL AVENUE is a very small extended detached house of 75m², built sometime between 1930 and 1949. It was last sold for £525,000 in August 2021, which was about the average August 2021 detached price in the Rochford local authority area. The most recent EPC inspection was March 2017, where the current energy rating was F, and the potential energy rating was C.
Land registry data shows two sales for 2 CENTRAL AVENUE since 1st 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. One of the two 2 CENTRAL AVENUE sales was roughly equal to the average price, whilst the other was 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 11 AUG | £525,000 | £526,433 | Close to HPI |
2017 31 JUL | £320,000 | £496,368 | 36% below HPI |
The below graph shows the average detached house price in the Rochford local authority area over time, sourced from the HPI. The two 2 CENTRAL AVENUE sales from July 2017 and August 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 July 2017 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2021 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.
2 CENTRAL AVENUE is 75m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 20% of detached houses in Ashingdon, based on EPC data. The below chart shows the distribution of detached houses by size in Ashingdon, and where 2 CENTRAL AVENUE lies on this distribution: 11% of detached houses are smaller than 2 CENTRAL AVENUE, and 88% of houses are larger. Note that EPC data is not available for all properties in Ashingdon.
2 CENTRAL AVENUE sits on a plot of roughly 0.143 of an acre, or 579m². The below map shows the location of 2 CENTRAL 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 2 CENTRAL 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.
2 CENTRAL AVENUE is located in ROCHFORD, in the SS4 postcode district. The below map shows the position of No. 2 on CENTRAL AVENUE.