2, FOUNTAIN LANE, HOCKLEY, SS5 4SU - £550,000

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.

2 FOUNTAIN LANE is a midsized extended detached house of 133m², built sometime between 1950 and 1966, which could now be worth an estimated £648,990. It was last sold for £550,000 in January 2018, which was around 4% above the average January 2018 detached price in the Rochford local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

2 FOUNTAIN LANE Sold Prices

Land registry data shows three sales for 2 FOUNTAIN 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 2 FOUNTAIN LANE 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
2018 31 JAN	£550,000	£527,224	4% above HPI
1999 16 JUL	£167,000	£136,264	23% above HPI
1997 6 JUN	£117,995	£110,158	7% above HPI

2 FOUNTAIN 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 2 FOUNTAIN LANE sales between June 1997 and January 2018 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 1999 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the January 2018 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 2 FOUNTAIN LANE be worth now?

2 FOUNTAIN LANE might now be worth an estimated £648,990.

This is based on house price inflation of 18%, between January 2018 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 18% inflationary increase is applied to the most recent sale price for 2 FOUNTAIN LANE of £550,000 on 31st January 2018. For the value to have increased from £550,000 to £648,990 over the six years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 FOUNTAIN LANE has moved in line with the HPI for detached houses in the Rochford local authority area.
• The January 2018 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FOUNTAIN LANE has not materially changed since January 2018.

How Large is 2 FOUNTAIN LANE?

2 FOUNTAIN LANE is 133m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 50% of detached houses houses in Hockley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hockley, and where 2 FOUNTAIN LANE lies on this distribution: 48% of detached houses houses are smaller than 2 FOUNTAIN LANE, and 51% of houses are larger. Note that EPC data is not available for all properties in Hockley.

2 FOUNTAIN LANE: Plot and Title Map

2 FOUNTAIN LANE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 2 FOUNTAIN 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 2 FOUNTAIN 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 2 FOUNTAIN LANE?

2 FOUNTAIN LANE is located in HOCKLEY, in the SS5 postcode district. The below map shows the position of No. 2 on FOUNTAIN LANE.