23, FOUNTAIN LANE, HOCKLEY, SS5 4ST - £675,000

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.

23 FOUNTAIN LANE is a large extended detached house of 181m², built sometime between 1950 and 1966, which could now be worth an estimated £751,079. It was last sold for £675,000 in February 2020, which was around 23% above the average February 2020 detached price in the Rochford local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

23 FOUNTAIN LANE Sold Prices

Land registry data shows two sales for 23 FOUNTAIN LANE 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 23 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
2020 10 FEB	£675,000	£548,110	23% above HPI
2006 24 APR	£480,000	£316,938	51% above HPI

23 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 two 23 FOUNTAIN LANE sales from April 2006 and February 2020 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 2006 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the February 2020 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 23 FOUNTAIN LANE be worth now?

23 FOUNTAIN LANE might now be worth an estimated £751,079.

This is based on house price inflation of 11.3%, between February 2020 and March 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 11.3% inflationary increase is applied to the most recent sale price for 23 FOUNTAIN LANE of £675,000 on 10th February 2020. For the value to have increased from £675,000 to £751,079 over the four years and eleven months to March 2025, the following assumptions must hold true:

• The value of 23 FOUNTAIN LANE has moved in line with the HPI for detached houses in the Rochford local authority area.
• The February 2020 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of 23 FOUNTAIN LANE has not materially changed since February 2020.

How Large is 23 FOUNTAIN LANE?

23 FOUNTAIN LANE is 181m², which includes four extensions, according to the EPC inspection conducted in September 2019. This puts it in the largest 30% 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 23 FOUNTAIN LANE lies on this distribution: 77% of detached houses houses are smaller than 23 FOUNTAIN LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in Hockley.

23 FOUNTAIN LANE: Plot and Title Map

23 FOUNTAIN LANE sits on a plot of roughly 0.271 of an acre, or 1,096m². The below map shows the location of 23 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 23 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 23 FOUNTAIN LANE?

23 FOUNTAIN LANE is located in HOCKLEY, in the SS5 postcode district. The below map shows the position of No. 23 on FOUNTAIN LANE.