121, MAIN ROAD, HAWKWELL, HOCKLEY, SS5 4ET - £385,000

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

121 MAIN ROAD is a midsized extended detached house of 138m², built sometime between 1950 and 1966. It was last sold for £385,000 in May 2018, which was around 24% below the average May 2018 detached price in the Rochford local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

121 MAIN ROAD Sold Prices

Land registry data shows two sales for 121 MAIN ROAD 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 121 MAIN ROAD 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
2018 18 MAY	£385,000	£504,466	24% below HPI
2002 15 FEB	£153,000	£189,941	19% below HPI

121 MAIN ROAD 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 121 MAIN ROAD sales from February 2002 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 February 2002 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2018 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 121 MAIN ROAD?

121 MAIN ROAD is 138m², which includes two extensions, according to the EPC inspection conducted in February 2017. This puts it in the smallest 50% of detached houses in Hawkwell, based on EPC data. The below chart shows the distribution of detached houses by size in Hawkwell, and where 121 MAIN ROAD lies on this distribution: 48% of detached houses are smaller than 121 MAIN ROAD, and 52% of houses are larger. Note that EPC data is not available for all properties in Hawkwell.

121 MAIN ROAD: Plot and Title Map

121 MAIN ROAD sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 121 MAIN ROAD, 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 121 MAIN ROAD). 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 121 MAIN ROAD?

121 MAIN ROAD is located in HAWKWELL, in the SS5 postcode district. The below map shows the position of No. 121 on MAIN ROAD.