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
3 GREAT EASTERN ROAD is a large extended detached house of 174m², built sometime between 1950 and 1966. It was last sold for £590,000 in October 2023, which was around 2% above the average October 2023 detached price in the Rochford local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 3 GREAT EASTERN ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. Two of the three 3 GREAT EASTERN ROAD sales were for above the average price, whilst one 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 |
---|---|---|---|
2023 30 OCT | £590,000 | £576,443 | 2% above HPI |
2014 11 JUL | £427,000 | £361,818 | 18% above HPI |
2013 12 JUL | £230,000 | £327,141 | 30% below HPI |
The below graph shows the average detached house price in the Rochford local authority area over time, sourced from the HPI. The three 3 GREAT EASTERN ROAD sales between July 2013 and October 2023 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 July 2014 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the October 2023 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.
3 GREAT EASTERN ROAD is 174m², which includes two extensions, according to the EPC inspection conducted in March 2014. This puts it in the largest 30% of detached houses in Hockley, based on EPC data. The below chart shows the distribution of detached houses by size in Hockley, and where 3 GREAT EASTERN ROAD lies on this distribution: 74% of detached houses are smaller than 3 GREAT EASTERN ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Hockley.
3 GREAT EASTERN ROAD sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 3 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 3 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.
3 GREAT EASTERN ROAD is located in HOCKLEY, in the SS5 postcode district. The below map shows the position of No. 3 on GREAT EASTERN ROAD.