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
2 BELCHAMPS WAY is a very small detached house of 89m², built sometime between 1976 and 1982. It was last sold for £575,000 in October 2022, which was around 2% below the average October 2022 detached price in the Rochford local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 2 BELCHAMPS WAY since 1st 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 2 BELCHAMPS WAY 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 |
---|---|---|---|
2022 28 OCT | £575,000 | £585,321 | 2% below HPI |
2000 30 JUN | £169,995 | £155,032 | 10% above HPI |
The below graph shows the average detached house price in the Rochford local authority area over time, sourced from the HPI. The two 2 BELCHAMPS WAY sales from June 2000 and October 2022 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 June 2000 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the October 2022 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.
2 BELCHAMPS WAY is 89m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of detached houses in Hawkwell, based on EPC data. The below chart shows the distribution of detached houses by size in Hawkwell, and where 2 BELCHAMPS WAY lies on this distribution: 10% of detached houses are smaller than 2 BELCHAMPS WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Hawkwell.
2 BELCHAMPS WAY sits on a plot of roughly 0.125 of an acre, or 504m². The below map shows the location of 2 BELCHAMPS 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 2 BELCHAMPS 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.
2 BELCHAMPS WAY is located in HOCKLEY, in the SS5 postcode district. The below map shows the position of No. 2 on BELCHAMPS WAY.