14, THE DRIVE, HULLBRIDGE, HOCKLEY, SS5 6LN - £370,000

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

14 THE DRIVE is a very small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £370,000 in May 2020, which was around 27% below the average May 2020 detached price in the Rochford local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

14 THE DRIVE Sold Prices

Land registry data shows two sales for 14 THE 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 14 THE 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
2020 18 MAY	£370,000	£504,630	27% below HPI
2012 9 MAR	£172,500	£315,529	45% below HPI

14 THE 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 14 THE DRIVE sales from March 2012 and May 2020 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 March 2012 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the May 2020 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 14 THE DRIVE?

14 THE DRIVE is 74m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 20% of detached houses in Hullbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Hullbridge, and where 14 THE DRIVE lies on this distribution: 10% of detached houses are smaller than 14 THE DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Hullbridge.

14 THE DRIVE: Plot and Title Map

14 THE DRIVE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 14 THE 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 14 THE 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 14 THE DRIVE?

14 THE DRIVE is located in HULLBRIDGE, in the SS5 postcode district. The below map shows the position of No. 14 on THE DRIVE.