28, MEDLAR DRIVE, SOUTH OCKENDON, RM15 6TS - £525,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

28 MEDLAR DRIVE is a large detached house of 124m², built sometime between 1996 and 2002. It was last sold for £525,000 in June 2021, which was around 1% below the average June 2021 detached price in the Thurrock local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

28 MEDLAR DRIVE Sold Prices

Land registry data shows four sales for 28 MEDLAR DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Thurrock local authority area for the corresponding sale date. Most of the four 28 MEDLAR 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
2021 14 JUN	£525,000	£532,574	1% below HPI
2018 3 OCT	£440,000	£516,015	15% below HPI
2004 13 FEB	£271,000	£276,314	2% below HPI
1999 21 JUN	£143,950	£117,342	23% above HPI

28 MEDLAR DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Thurrock local authority area over time, sourced from the HPI. The four 28 MEDLAR DRIVE sales between June 1999 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 October 2018 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2021 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 28 MEDLAR DRIVE?

28 MEDLAR DRIVE is 124m² according to the EPC inspection conducted in November 2017. This puts it in the largest 30% of detached houses in South Ockendon, based on EPC data. The below chart shows the distribution of detached houses by size in South Ockendon, and where 28 MEDLAR DRIVE lies on this distribution: 71% of detached houses are smaller than 28 MEDLAR DRIVE, and 28% of houses are larger. Note that EPC data is not available for all properties in South Ockendon.

28 MEDLAR DRIVE: Plot and Title Map

28 MEDLAR DRIVE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 28 MEDLAR 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 28 MEDLAR 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 28 MEDLAR DRIVE?

28 MEDLAR DRIVE is located in SOUTH OCKENDON, in the RM15 postcode district. The below map shows the position of No. 28 on MEDLAR DRIVE.