24, JUBILEE CLOSE, HOCKLEY, SS5 4PA - £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

24 JUBILEE CLOSE is a very small detached house of 85m², built sometime between 1991 and 1995, which could now be worth an estimated £613,208. It was last sold for £310,000 in May 2009, which was around 1% below the average May 2009 detached price in the Rochford local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

24 JUBILEE CLOSE Sold Prices

Land registry data shows two sales for 24 JUBILEE CLOSE 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 JUBILEE CLOSE sales was for below the average price, whilst the other was 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
2009 21 MAY	£310,000	£312,404	1% below HPI
1995 28 FEB	£124,950	£101,331	23% above HPI

24 JUBILEE CLOSE 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 JUBILEE CLOSE sales from February 1995 and May 2009 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 1995 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the May 2009 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 24 JUBILEE CLOSE be worth now?

24 JUBILEE CLOSE might now be worth an estimated £613,208.

This is based on house price inflation of 97.8%, between May 2009 and December 2024, 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 97.8% inflationary increase is applied to the most recent sale price for 24 JUBILEE CLOSE of £310,000 on 21st May 2009. For the value to have increased from £310,000 to £613,208 over the fourteen years and five months to December 2024, the following assumptions must hold true:

• The value of 24 JUBILEE CLOSE has moved in line with the HPI for detached houses in the Rochford local authority area.
• The May 2009 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 24 JUBILEE CLOSE has not materially changed since May 2009.

How Large is 24 JUBILEE CLOSE?

24 JUBILEE CLOSE is 85m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 10% of detached houses houses in Hawkwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hawkwell, and where 24 JUBILEE CLOSE lies on this distribution: 8% of detached houses houses are smaller than 24 JUBILEE CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Hawkwell.

24 JUBILEE CLOSE: Plot and Title Map

24 JUBILEE CLOSE sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 24 JUBILEE CLOSE, 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 JUBILEE CLOSE). 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 JUBILEE CLOSE?

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