23, THE DRIVE, ROCHFORD, SS4 1QD - £310,000

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

23 THE DRIVE is a midsized extended detached house of 125m², built sometime between 1930 and 1949, which could now be worth an estimated £492,569. It was last sold for £310,000 in September 2014, which was around 21% below the average September 2014 detached price in the Rochford local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

23 THE DRIVE Sold Prices

Land registry data shows three sales for 23 THE DRIVE 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 THE DRIVE 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
2014 26 SEP	£310,000	£391,530	21% below HPI
2011 21 DEC	£155,000	£335,809	54% below HPI
2011 14 JUL	£142,000	£342,241	59% below HPI

23 THE DRIVE 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 THE DRIVE sales between July 2011 and September 2014 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 December 2011 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the September 2014 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 23 THE DRIVE be worth now?

23 THE DRIVE might now be worth an estimated £492,569.

This is based on house price inflation of 58.9%, between September 2014 and February 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 58.9% inflationary increase is applied to the most recent sale price for 23 THE DRIVE of £310,000 on 26th September 2014. For the value to have increased from £310,000 to £492,569 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 23 THE DRIVE has moved in line with the HPI for detached houses in the Rochford local authority area.
• The September 2014 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 23 THE DRIVE has not materially changed since September 2014.

How Large is 23 THE DRIVE?

23 THE DRIVE is 125m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the largest 50% of detached houses houses in Rochford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rochford, and where 23 THE DRIVE lies on this distribution: 59% of detached houses houses are smaller than 23 THE DRIVE, and 41% of houses are larger. Note that EPC data is not available for all properties in Rochford.

23 THE DRIVE: Plot and Title Map

23 THE DRIVE sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of 23 THE DRIVE, 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 THE DRIVE). 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 THE DRIVE?

23 THE DRIVE is located in ROCHFORD, in the SS4 postcode district. The below map shows the position of No. 23 on THE DRIVE.