24, OAK WALK, HOCKLEY, SS5 5AR - £580,000

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 OAK WALK is a very large extended detached house of 211m², built sometime between 1950 and 1966. It was last sold for £580,000 in November 2017, which was around 14% above the average November 2017 detached price in the Rochford local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

24 OAK WALK Sold Prices

Land registry data shows two sales for 24 OAK WALK 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 OAK WALK 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
2017 23 NOV	£580,000	£508,708	14% above HPI
1998 30 JAN	£184,995	£115,720	60% above HPI

24 OAK WALK 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 OAK WALK sales from January 1998 and November 2017 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 1998 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the November 2017 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 24 OAK WALK?

24 OAK WALK is 211m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 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 OAK WALK lies on this distribution: 86% of detached houses are smaller than 24 OAK WALK, and 13% of houses are larger. Note that EPC data is not available for all properties in Hockley.

24 OAK WALK: Plot and Title Map

24 OAK WALK sits on a plot of roughly 0.185 of an acre, or 748m². The below map shows the location of 24 OAK WALK, 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 OAK WALK). 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 OAK WALK?

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