16, OAK ROAD, ROCHFORD, SS4 1NR - £525,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 OAK ROAD is a very small extended detached house of 85m², built sometime between 1930 and 1949, which could now be worth an estimated £610,200. It was last sold for £525,000 in October 2017, which was around 2% below the average October 2017 detached price in the Rochford local authority area. The most recent EPC inspection was May 2009, where the current energy rating was E, and the potential energy rating was D.

16 OAK ROAD Sold Prices

Land registry data shows two sales for 16 OAK 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. One of the two 16 OAK ROAD sales was for below the average price, whilst the other was 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
2017 12 OCT	£525,000	£535,251	2% below HPI
2010 5 NOV	£380,000	£343,108	11% above HPI

16 OAK 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 16 OAK ROAD sales from November 2010 and October 2017 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 2010 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the October 2017 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 16 OAK ROAD be worth now?

16 OAK ROAD might now be worth an estimated £610,200.

This is based on house price inflation of 16.2%, between October 2017 and February 2025, 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 16.2% inflationary increase is applied to the most recent sale price for 16 OAK ROAD of £525,000 on 12th October 2017. For the value to have increased from £525,000 to £610,200 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 16 OAK ROAD has moved in line with the HPI for detached houses in the Rochford local authority area.
• The October 2017 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 16 OAK ROAD has not materially changed since October 2017.

How Large is 16 OAK ROAD?

16 OAK ROAD is 85m², which includes one extension, according to the EPC inspection conducted in May 2009. This puts it in the smallest 20% of detached houses houses in Rochford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rochford, and where 16 OAK ROAD lies on this distribution: 16% of detached houses houses are smaller than 16 OAK ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Rochford.

16 OAK ROAD: Plot and Title Map

16 OAK ROAD sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 16 OAK 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 16 OAK 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 16 OAK ROAD?

16 OAK ROAD is located in ROCHFORD, in the SS4 postcode district. The below map shows the position of No. 16 on OAK ROAD.