1, WESTMINSTER DRIVE, HOCKLEY, SS5 4XD - £310,000

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 WESTMINSTER DRIVE is a very small detached house of 91m², built sometime between 1983 and 1990, which could now be worth an estimated £431,980. It was last sold for £310,000 in October 2015, which was around 31% below the average October 2015 detached price in the Rochford local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was C.

1 WESTMINSTER DRIVE Sold Prices

Land registry data shows two sales for 1 WESTMINSTER DRIVE since 1^st 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. Both of the two 1 WESTMINSTER DRIVE 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
2015 23 OCT	£310,000	£446,446	31% below HPI
2006 8 NOV	£227,000	£327,542	31% below HPI

1 WESTMINSTER DRIVE 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 two 1 WESTMINSTER DRIVE sales from November 2006 and October 2015 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 2006 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2015 sale, which was also at 31% below the HPI.

What might 1 WESTMINSTER DRIVE be worth now?

1 WESTMINSTER DRIVE might now be worth an estimated £431,980.

This is based on house price inflation of 39.3%, between October 2015 and February 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 39.3% inflationary increase is applied to the most recent sale price for 1 WESTMINSTER DRIVE of £310,000 on 23rd October 2015. For the value to have increased from £310,000 to £431,980 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 WESTMINSTER DRIVE has moved in line with the HPI for detached houses in the Rochford local authority area.
• The October 2015 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WESTMINSTER DRIVE has not materially changed since October 2015.

How Large is 1 WESTMINSTER DRIVE?

1 WESTMINSTER DRIVE is 91m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% of detached houses houses in Hockley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hockley, and where 1 WESTMINSTER DRIVE lies on this distribution: 13% of detached houses houses are smaller than 1 WESTMINSTER DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Hockley.

1 WESTMINSTER DRIVE: Plot and Title Map

1 WESTMINSTER DRIVE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 1 WESTMINSTER 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 1 WESTMINSTER 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 1 WESTMINSTER DRIVE?

1 WESTMINSTER DRIVE is located in HOCKLEY, in the SS5 postcode district. The below map shows the position of No. 1 on WESTMINSTER DRIVE.