Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
12 MILLVIEW MEADOWS is a very small detached house of 60m², built sometime between 1991 and 1995. It was last sold for £326,000 in May 2018, which was around 35% below the average May 2018 detached price in the Rochford local authority area. The most recent EPC inspection was November 2017, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows five sales for 12 MILLVIEW MEADOWS since 1st 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. The five 12 MILLVIEW MEADOWS sales were a mix of below the average price, and roughly equal to 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 22 MAY | £326,000 | £504,466 | 35% below HPI |
2018 30 APR | £315,000 | £494,015 | 36% below HPI |
2010 16 DEC | £235,000 | £321,909 | 27% below HPI |
2004 19 APR | £199,500 | £276,752 | 28% below HPI |
1997 31 JUL | £104,500 | £104,413 | Close to HPI |
The below graph shows the average detached house price in the Rochford local authority area over time, sourced from the HPI. The five 12 MILLVIEW MEADOWS sales between July 1997 and May 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 April 2018 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2018 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.
12 MILLVIEW MEADOWS is 60m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 10% of detached houses in Rochford, based on EPC data. The below chart shows the distribution of detached houses by size in Rochford, and where 12 MILLVIEW MEADOWS lies on this distribution: 3% of detached houses are smaller than 12 MILLVIEW MEADOWS, and 97% of houses are larger. Note that EPC data is not available for all properties in Rochford.
12 MILLVIEW MEADOWS sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 12 MILLVIEW MEADOWS, 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 MILLVIEW MEADOWS). 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.
12 MILLVIEW MEADOWS is located in ROCHFORD, in the SS4 postcode district. The below map shows the position of No. 12 on MILLVIEW MEADOWS.