1, ROWAN WAY, SOUTH OCKENDON, RM15 6TB - £405,000

1 ROWAN WAY is a very small extended detached house of 82m², built sometime between 1996 and 2002. It was last sold for £405,000 in August 2016, which was around 16% below the average August 2016 detached price in the Thurrock local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

1 ROWAN WAY Sold Prices

Land registry data shows four sales for 1 ROWAN WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Thurrock local authority area for the corresponding sale date. All of the four 1 ROWAN WAY 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
2016 5 AUG	£405,000	£479,486	16% below HPI
2004 17 DEC	£247,500	£292,644	15% below HPI
2000 12 DEC	£136,000	£154,571	12% below HPI
1995 30 MAY	£91,000	£92,438	2% below HPI

1 ROWAN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Thurrock local authority area over time, sourced from the HPI. The four 1 ROWAN WAY sales between May 1995 and August 2016 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 2004 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2016 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 1 ROWAN WAY?

1 ROWAN WAY is 82m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% of detached houses in South Ockendon, based on EPC data. The below chart shows the distribution of detached houses by size in South Ockendon, and where 1 ROWAN WAY lies on this distribution: 11% of detached houses are smaller than 1 ROWAN WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in South Ockendon.

1 ROWAN WAY: Plot and Title Map

1 ROWAN WAY sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 1 ROWAN WAY, 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 ROWAN WAY). 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 ROWAN WAY?

1 ROWAN WAY is located in SOUTH OCKENDON, in the RM15 postcode district. The below map shows the position of No. 1 on ROWAN WAY.