24, GREAT EASTERN ROAD, HOCKLEY, SS5 4BX - £485,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

24 GREAT EASTERN ROAD is a very small detached house of 62m², built sometime between 1930 and 1949. It was last sold for £485,000 in April 2016, which was around 10% above the average April 2016 detached price in the Rochford local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was B.

24 GREAT EASTERN ROAD Sold Prices

Land registry data shows two sales for 24 GREAT EASTERN ROAD 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. One of the two 24 GREAT EASTERN ROAD sales was for above the average price, whilst the other was 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
2016 7 APR	£485,000	£442,727	10% above HPI
2015 23 JAN	£248,000	£373,876	34% below HPI

24 GREAT EASTERN 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 two 24 GREAT EASTERN ROAD sales from January 2015 and April 2016 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 January 2015 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the April 2016 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 24 GREAT EASTERN ROAD?

24 GREAT EASTERN ROAD is 62m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% 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 GREAT EASTERN ROAD lies on this distribution: 1% of detached houses are smaller than 24 GREAT EASTERN ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Hockley.

24 GREAT EASTERN ROAD: Plot and Title Map

24 GREAT EASTERN ROAD sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 24 GREAT EASTERN 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 24 GREAT EASTERN 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 24 GREAT EASTERN ROAD?

24 GREAT EASTERN ROAD is located in HOCKLEY, in the SS5 postcode district. The below map shows the position of No. 24 on GREAT EASTERN ROAD.