2, GATSCOMBE CLOSE, HOCKLEY, SS5 4XA - £345,000

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

2 GATSCOMBE CLOSE is a midsized extended detached house of 130m², built sometime between 1983 and 1990. It was last sold for £345,000 in December 2015, which was around 20% below the average December 2015 detached price in the Rochford local authority area. The most recent EPC inspection was August 2014, where the current energy rating was B, and the potential energy rating was B.

2 GATSCOMBE CLOSE Sold Prices

Land registry data shows two sales for 2 GATSCOMBE CLOSE 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. Both of the two 2 GATSCOMBE CLOSE 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
2015 4 DEC	£345,000	£429,133	20% below HPI
2003 10 APR	£247,000	£261,404	6% below HPI

2 GATSCOMBE CLOSE 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 2 GATSCOMBE CLOSE sales from April 2003 and December 2015 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 April 2003 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2015 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 GATSCOMBE CLOSE?

2 GATSCOMBE CLOSE is 130m², which includes two extensions, according to the EPC inspection conducted in August 2014. This puts it in the smallest 50% of detached houses in Hockley, based on EPC data. The below chart shows the distribution of detached houses by size in Hockley, and where 2 GATSCOMBE CLOSE lies on this distribution: 47% of detached houses are smaller than 2 GATSCOMBE CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Hockley.

2 GATSCOMBE CLOSE: Plot and Title Map

2 GATSCOMBE CLOSE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 2 GATSCOMBE CLOSE, 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 GATSCOMBE CLOSE). 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 GATSCOMBE CLOSE?

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