24, FOUNTAIN LANE, HOCKLEY, SS5 4SU - £837,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

24 FOUNTAIN LANE is a very small detached house of 91m², built sometime between 1930 and 1949. It was last sold for £837,000 in June 2021, which was around 61% above the average June 2021 detached price in the Rochford local authority area. The most recent EPC inspection was July 2015, where the current energy rating was F, and the potential energy rating was C.

24 FOUNTAIN LANE Sold Prices

Land registry data shows two sales for 24 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 24 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
2021 25 JUN	£837,000	£520,402	61% above HPI
2016 9 SEP	£501,000	£465,893	8% above HPI

24 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 24 FOUNTAIN LANE sales from September 2016 and June 2021 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 September 2016 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the June 2021 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is 24 FOUNTAIN LANE?

24 FOUNTAIN LANE is 91m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 20% of detached houses in Hockley, based on EPC data. The below chart shows the distribution of detached houses by size in Hockley, and where 24 FOUNTAIN LANE lies on this distribution: 13% of detached houses are smaller than 24 FOUNTAIN LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Hockley.

24 FOUNTAIN LANE: Plot and Title Map

24 FOUNTAIN LANE sits on a plot of roughly 0.178 of an acre, or 719m². The below map shows the location of 24 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 24 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 24 FOUNTAIN LANE?

24 FOUNTAIN LANE is located in HOCKLEY, in the SS5 postcode district. The below map shows the position of No. 24 on FOUNTAIN LANE.