15, BROAD WALK, HOCKLEY, SS5 5DD - £340,000

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

15 BROAD WALK is a very small semi-detached house of 95m², built sometime between 1950 and 1966, which could now be worth an estimated £397,870. It was last sold for £340,000 in May 2020, which was around 5% above the average May 2020 semi-detached price in the Rochford local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

15 BROAD WALK Sold Prices

Land registry data shows four sales for 15 BROAD WALK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Rochford local authority area for the corresponding sale date. Most of the four 15 BROAD 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
2020 12 MAY	£340,000	£324,524	5% above HPI
2016 15 JUL	£299,995	£297,544	1% above HPI
1998 1 SEP	£80,000	£75,416	6% above HPI
1996 29 FEB	£47,000	£59,073	20% below HPI

15 BROAD WALK Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Rochford local authority area over time, sourced from the HPI. The four 15 BROAD WALK sales between February 1996 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 July 2016 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2020 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 15 BROAD WALK be worth now?

15 BROAD WALK might now be worth an estimated £397,870.

This is based on house price inflation of 17%, between May 2020 and February 2025, for semi-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 17% inflationary increase is applied to the most recent sale price for 15 BROAD WALK of £340,000 on 12th May 2020. For the value to have increased from £340,000 to £397,870 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 15 BROAD WALK has moved in line with the HPI for semi-detached houses in the Rochford local authority area.
• The May 2020 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 15 BROAD WALK has not materially changed since May 2020.

How Large is 15 BROAD WALK?

15 BROAD WALK is 95m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 20% of semi-detached houses houses in Hockley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hockley, and where 15 BROAD WALK lies on this distribution: 16% of semi-detached houses houses are smaller than 15 BROAD WALK, and 83% of houses are larger. Note that EPC data is not available for all properties in Hockley.

15 BROAD WALK: Plot and Title Map

15 BROAD WALK sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 15 BROAD 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 15 BROAD 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 15 BROAD WALK?

15 BROAD WALK is located in HOCKLEY, in the SS5 postcode district. The below map shows the position of No. 15 on BROAD WALK.