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

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

23 THE DRIVE is a midsized extended detached house of 125m², built sometime between 1930 and 1949. It was last sold for £310,000 in September 2014, which was around 15% 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	£366,316	15% below HPI
2011 21 DEC	£155,000	£314,184	51% below HPI
2011 14 JUL	£142,000	£320,201	56% 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 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the September 2014 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

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 in Rochford, based on EPC data. The below chart shows the distribution of detached houses by size in Rochford, and where 23 THE DRIVE lies on this distribution: 59% of detached 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.