15, GREENSWARD LANE, HOCKLEY, SS5 5HD - £405,000

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

15 GREENSWARD LANE is a very small extended detached house of 91m², built sometime between 1930 and 1949. It was last sold for £405,000 in September 2021, which was around 24% below the average September 2021 detached price in the Rochford local authority area. The most recent EPC inspection was September 2016, where the current energy rating was E, and the potential energy rating was B.

15 GREENSWARD LANE Sold Prices

Land registry data shows three sales for 15 GREENSWARD LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. All of the three 15 GREENSWARD LANE 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
2021 30 SEP	£405,000	£533,835	24% below HPI
2016 15 NOV	£320,000	£471,278	32% below HPI
2003 22 DEC	£200,000	£272,247	27% below HPI

15 GREENSWARD LANE 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 three 15 GREENSWARD LANE sales between December 2003 and September 2021 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 November 2016 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2021 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 15 GREENSWARD LANE?

15 GREENSWARD LANE is 91m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 20% of detached houses in Hockley, based on EPC data. The below chart shows the distribution of detached houses by size in Hockley, and where 15 GREENSWARD LANE lies on this distribution: 13% of detached houses are smaller than 15 GREENSWARD LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Hockley.

15 GREENSWARD LANE: Plot and Title Map

15 GREENSWARD LANE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 15 GREENSWARD LANE, 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 GREENSWARD LANE). 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 GREENSWARD LANE?

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