23, MALVERN ROAD, HOCKLEY, SS5 5HZ - £525,000

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

23 MALVERN ROAD is a midsized extended detached house of 131m², built sometime between 1967 and 1975. It was last sold for £525,000 in February 2022, which was around 3% below the average February 2022 detached price in the Rochford local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

23 MALVERN ROAD Sold Prices

Land registry data shows three sales for 23 MALVERN ROAD 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 23 MALVERN ROAD 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
2022 16 FEB	£525,000	£538,849	3% below HPI
2007 16 FEB	£268,000	£312,010	14% below HPI
1996 18 JAN	£84,000	£91,273	8% below HPI

23 MALVERN ROAD 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 23 MALVERN ROAD sales between January 1996 and February 2022 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 February 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the February 2022 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 23 MALVERN ROAD?

23 MALVERN ROAD is 131m², which includes one extension, according to the EPC inspection conducted in October 2021. 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 23 MALVERN ROAD lies on this distribution: 47% of detached houses are smaller than 23 MALVERN ROAD, and 52% of houses are larger. Note that EPC data is not available for all properties in Hockley.

23 MALVERN ROAD: Plot and Title Map

23 MALVERN ROAD sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 23 MALVERN ROAD, 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 MALVERN ROAD). 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 MALVERN ROAD?

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