21, JUBILEE CLOSE, HOCKLEY, SS5 4PA - £395,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

21 JUBILEE CLOSE is a very small detached house of 76m², built sometime between 1991 and 1995, which could now be worth an estimated £472,031. It was last sold for £395,000 in April 2017, which was around 24% below the average April 2017 detached price in the Rochford local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

21 JUBILEE CLOSE Sold Prices

Land registry data shows two sales for 21 JUBILEE 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. One of the two 21 JUBILEE CLOSE 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
2017 26 APR	£395,000	£517,117	24% below HPI
1997 27 MAR	£124,995	£107,336	16% above HPI

21 JUBILEE 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 21 JUBILEE CLOSE sales from March 1997 and April 2017 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 March 1997 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the April 2017 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 21 JUBILEE CLOSE be worth now?

21 JUBILEE CLOSE might now be worth an estimated £472,031.

This is based on house price inflation of 19.5%, between April 2017 and December 2024, 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 19.5% inflationary increase is applied to the most recent sale price for 21 JUBILEE CLOSE of £395,000 on 26th April 2017. For the value to have increased from £395,000 to £472,031 over the six years and four months to December 2024, the following assumptions must hold true:

• The value of 21 JUBILEE CLOSE has moved in line with the HPI for detached houses in the Rochford local authority area.
• The April 2017 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 21 JUBILEE CLOSE has not materially changed since April 2017.

How Large is 21 JUBILEE CLOSE?

21 JUBILEE CLOSE is 76m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of detached houses houses in Hawkwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hawkwell, and where 21 JUBILEE CLOSE lies on this distribution: 4% of detached houses houses are smaller than 21 JUBILEE CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Hawkwell.

21 JUBILEE CLOSE: Plot and Title Map

21 JUBILEE CLOSE sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of 21 JUBILEE 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 21 JUBILEE 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 21 JUBILEE CLOSE?

21 JUBILEE CLOSE is located in HOCKLEY, in the SS5 postcode district. The below map shows the position of No. 21 on JUBILEE CLOSE.