15, PADGETTS WAY, HULLBRIDGE, HOCKLEY, SS5 6LR - £625,000

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 PADGETTS WAY is a midsized extended detached house of 125m², built sometime between 1950 and 1966, which could now be worth an estimated £686,297. It was last sold for £625,000 in December 2020, which was around 11% above the average December 2020 detached price in the Rochford local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

15 PADGETTS WAY Sold Prices

Land registry data shows two sales for 15 PADGETTS WAY 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. One of the two 15 PADGETTS WAY sales was for above the average price, whilst the other was 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 4 DEC	£625,000	£562,769	11% above HPI
2019 17 MAY	£320,000	£561,094	43% below HPI

15 PADGETTS WAY 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 15 PADGETTS WAY sales from May 2019 and December 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 May 2019 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the December 2020 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 15 PADGETTS WAY be worth now?

15 PADGETTS WAY might now be worth an estimated £686,297.

This is based on house price inflation of 9.8%, between December 2020 and December 2024, for 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 9.8% inflationary increase is applied to the most recent sale price for 15 PADGETTS WAY of £625,000 on 4th December 2020. For the value to have increased from £625,000 to £686,297 over the four years to December 2024, the following assumptions must hold true:

• The value of 15 PADGETTS WAY has moved in line with the HPI for detached houses in the Rochford local authority area.
• The December 2020 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 15 PADGETTS WAY has not materially changed since December 2020.

How Large is 15 PADGETTS WAY?

15 PADGETTS WAY is 125m², which includes three extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 50% of detached houses houses in Hullbridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hullbridge, and where 15 PADGETTS WAY lies on this distribution: 55% of detached houses houses are smaller than 15 PADGETTS WAY, and 44% of houses are larger. Note that EPC data is not available for all properties in Hullbridge.

15 PADGETTS WAY: Plot and Title Map

15 PADGETTS WAY sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 15 PADGETTS WAY, 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 PADGETTS WAY). 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 PADGETTS WAY?

15 PADGETTS WAY is located in HULLBRIDGE, in the SS5 postcode district. The below map shows the position of No. 15 on PADGETTS WAY.