2, MEY WALK, HOCKLEY, SS5 4UG - £385,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

2 MEY WALK is a small extended detached house of 106m², built sometime between 1983 and 1990. It was last sold for £385,000 in August 2019, which was around 26% below the average August 2019 detached price in the Rochford local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

2 MEY WALK Sold Prices

Land registry data shows three sales for 2 MEY WALK 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 MEY WALK 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
2019 2 AUG	£385,000	£518,675	26% below HPI
2006 4 AUG	£241,500	£303,609	20% below HPI
2000 14 DEC	£137,000	£166,669	18% below HPI

2 MEY WALK 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 MEY WALK sales between December 2000 and August 2019 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 August 2006 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2019 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 2 MEY WALK?

2 MEY WALK is 106m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 30% 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 MEY WALK lies on this distribution: 24% of detached houses are smaller than 2 MEY WALK, and 75% of houses are larger. Note that EPC data is not available for all properties in Hockley.

2 MEY WALK: Plot and Title Map

2 MEY WALK sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 2 MEY WALK, 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 MEY WALK). 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 MEY WALK?

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