11, CAERNARVON CLOSE, HOCKLEY, SS5 4XH - £475,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

11 CAERNARVON CLOSE is a small detached house of 116m², built sometime between 1983 and 1990, which could now be worth an estimated £460,575. It was last sold for £475,000 in February 2023, which was around 25% below the average February 2023 detached price in the Rochford local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

11 CAERNARVON CLOSE Sold Prices

Land registry data shows five sales for 11 CAERNARVON CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. All of the five 11 CAERNARVON CLOSE 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
2023 22 FEB	£475,000	£637,317	25% below HPI
2012 3 JUL	£250,000	£348,582	28% below HPI
2011 29 NOV	£265,000	£330,751	20% below HPI
2006 22 AUG	£270,000	£324,506	17% below HPI
1997 5 FEB	£91,000	£108,110	16% below HPI

11 CAERNARVON CLOSE 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 five 11 CAERNARVON CLOSE sales between February 1997 and February 2023 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 2012 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2023 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 11 CAERNARVON CLOSE be worth now?

11 CAERNARVON CLOSE might now be worth an estimated £460,575.

This is based on house price deflation of 3%, between February 2023 and December 2024, 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 3% deflationary decrease is applied to the most recent sale price for 11 CAERNARVON CLOSE of £475,000 on 22nd February 2023. For the value to have decreased from £475,000 to £460,575 over the two months to December 2024, the following assumptions must hold true:

• The value of 11 CAERNARVON CLOSE has moved in line with the HPI for detached houses in the Rochford local authority area.
• The February 2023 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 11 CAERNARVON CLOSE has not materially changed since February 2023.

How Large is 11 CAERNARVON CLOSE?

11 CAERNARVON CLOSE is 116m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 40% 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 11 CAERNARVON CLOSE lies on this distribution: 35% of detached houses houses are smaller than 11 CAERNARVON CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Hockley.

11 CAERNARVON CLOSE: Plot and Title Map

11 CAERNARVON CLOSE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 11 CAERNARVON CLOSE, 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 11 CAERNARVON CLOSE). 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 11 CAERNARVON CLOSE?

11 CAERNARVON CLOSE is located in HOCKLEY, in the SS5 postcode district. The below map shows the position of No. 11 on CAERNARVON CLOSE.