8, MEDLAR DRIVE, SOUTH OCKENDON, RM15 6TS - £485,000

8 MEDLAR DRIVE is a large detached house of 118m², built sometime between 1991 and 1995. It was last sold for £485,000 in March 2018, which was around 5% below the average March 2018 detached price in the Thurrock local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

8 MEDLAR DRIVE Sold Prices

Land registry data shows three sales for 8 MEDLAR DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Thurrock local authority area for the corresponding sale date. Two of the three 8 MEDLAR DRIVE 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
2018 16 MAR	£485,000	£508,693	5% below HPI
2002 12 NOV	£175,000	£230,618	24% below HPI
1998 24 MAY	£140,950	£109,393	29% above HPI

8 MEDLAR DRIVE 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 three 8 MEDLAR DRIVE sales between May 1998 and March 2018 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 November 2002 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2018 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 8 MEDLAR DRIVE?

8 MEDLAR DRIVE is 118m² according to the EPC inspection conducted in September 2017. This puts it in the largest 40% 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 8 MEDLAR DRIVE lies on this distribution: 63% of detached houses are smaller than 8 MEDLAR DRIVE, and 36% of houses are larger. Note that EPC data is not available for all properties in South Ockendon.

8 MEDLAR DRIVE: Plot and Title Map

8 MEDLAR DRIVE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 8 MEDLAR DRIVE, 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 MEDLAR DRIVE). 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 8 MEDLAR DRIVE?

8 MEDLAR DRIVE is located in SOUTH OCKENDON, in the RM15 postcode district. The below map shows the position of No. 8 on MEDLAR DRIVE.