12, MARTIN WALK, HOCKLEY, SS5 4LP - £565,000

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

12 MARTIN WALK is a very large detached house of 186m², built sometime between 1983 and 1990, which could now be worth an estimated £891,756. It was last sold for £565,000 in September 2014, which was around 44% above the average September 2014 detached price in the Rochford local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

12 MARTIN WALK Sold Prices

Land registry data shows two sales for 12 MARTIN WALK 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 12 MARTIN WALK sales were 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
2014 12 SEP	£565,000	£391,530	44% above HPI
2002 31 MAY	£325,000	£216,875	50% above HPI

12 MARTIN WALK 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 12 MARTIN WALK sales from May 2002 and September 2014 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 May 2002 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the September 2014 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 12 MARTIN WALK be worth now?

12 MARTIN WALK might now be worth an estimated £891,756.

This is based on house price inflation of 57.8%, between September 2014 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 57.8% inflationary increase is applied to the most recent sale price for 12 MARTIN WALK of £565,000 on 12th September 2014. For the value to have increased from £565,000 to £891,756 over the nine years and nine months to December 2024, the following assumptions must hold true:

• The value of 12 MARTIN WALK has moved in line with the HPI for detached houses in the Rochford local authority area.
• The September 2014 sale price of £565,000 represented a fair market value for the property.
• The size, condition, and specification of 12 MARTIN WALK has not materially changed since September 2014.

How Large is 12 MARTIN WALK?

12 MARTIN WALK is 186m² according to the EPC inspection conducted in October 2013. This puts it in the largest 20% of detached houses houses in Hawkwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hawkwell, and where 12 MARTIN WALK lies on this distribution: 81% of detached houses houses are smaller than 12 MARTIN WALK, and 19% of houses are larger. Note that EPC data is not available for all properties in Hawkwell.

12 MARTIN WALK: Plot and Title Map

12 MARTIN WALK sits on a plot of roughly 0.266 of an acre, or 1,075m². The below map shows the location of 12 MARTIN WALK, 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 12 MARTIN WALK). 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 12 MARTIN WALK?

12 MARTIN WALK is located in HOCKLEY, in the SS5 postcode district. The below map shows the position of No. 12 on MARTIN WALK.