10, WESTMINSTER DRIVE, HOCKLEY, SS5 4XD - £475,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

10 WESTMINSTER DRIVE is a small extended detached house of 116m², built sometime between 1983 and 1990. It was last sold for £475,000 in December 2022, which was around 21% below the average December 2022 detached price in the Rochford local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

10 WESTMINSTER DRIVE Sold Prices

Land registry data shows two sales for 10 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 10 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
2022 9 DEC	£475,000	£600,130	21% below HPI
1995 20 DEC	£80,000	£92,375	13% below HPI

10 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 10 WESTMINSTER DRIVE sales from December 1995 and December 2022 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 1995 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2022 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 10 WESTMINSTER DRIVE?

10 WESTMINSTER DRIVE is 116m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the smallest 40% of detached houses in Hockley, based on EPC data. The below chart shows the distribution of detached houses by size in Hockley, and where 10 WESTMINSTER DRIVE lies on this distribution: 35% of detached houses are smaller than 10 WESTMINSTER DRIVE, and 65% of houses are larger. Note that EPC data is not available for all properties in Hockley.

10 WESTMINSTER DRIVE: Plot and Title Map

10 WESTMINSTER DRIVE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 10 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 10 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 10 WESTMINSTER DRIVE?

10 WESTMINSTER DRIVE is located in HOCKLEY, in the SS5 postcode district. The below map shows the position of No. 10 on WESTMINSTER DRIVE.