2, WELBECK CLOSE, HOCKLEY, SS5 4EU - £350,000

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 WELBECK CLOSE is a small extended detached house of 121m², built sometime between 1983 and 1990. It was last sold for £350,000 in March 2012, which was around 11% above the average March 2012 detached price in the Rochford local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

2 WELBECK CLOSE Sold Prices

Land registry data shows five sales for 2 WELBECK CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. Most of the five 2 WELBECK CLOSE 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
2012 21 MAR	£350,000	£315,529	11% above HPI
2004 1 JUL	£271,000	£281,306	4% below HPI
2001 20 APR	£193,000	£177,223	9% above HPI
1998 20 AUG	£146,950	£120,833	22% above HPI
1997 30 JUL	£133,000	£104,413	27% above HPI

2 WELBECK 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 five 2 WELBECK CLOSE sales between July 1997 and March 2012 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 2004 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2012 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 2 WELBECK CLOSE?

2 WELBECK CLOSE is 121m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the smallest 40% 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 WELBECK CLOSE lies on this distribution: 35% of detached houses are smaller than 2 WELBECK CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Hawkwell.

2 WELBECK CLOSE: Plot and Title Map

2 WELBECK CLOSE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 2 WELBECK 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 WELBECK 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 WELBECK CLOSE?

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