3, JUBILEE CLOSE, HOCKLEY, SS5 4PA - £750,000

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

3 JUBILEE CLOSE is a very large extended detached house of 185m², built sometime between 1991 and 1995. It was last sold for £750,000 in January 2022, which was around 38% above the average January 2022 detached price in the Rochford local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

3 JUBILEE CLOSE Sold Prices

Land registry data shows two sales for 3 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. Both of the two 3 JUBILEE CLOSE 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
2022 26 JAN	£750,000	£542,776	38% above HPI
2003 30 SEP	£405,000	£270,521	50% above HPI

3 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 3 JUBILEE CLOSE sales from September 2003 and January 2022 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 September 2003 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the January 2022 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 3 JUBILEE CLOSE?

3 JUBILEE CLOSE is 185m², which includes two extensions, according to the EPC inspection conducted in September 2021. This puts it in the largest 20% of detached houses in Hawkwell, based on EPC data. The below chart shows the distribution of detached houses by size in Hawkwell, and where 3 JUBILEE CLOSE lies on this distribution: 80% of detached houses are smaller than 3 JUBILEE CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Hawkwell.

3 JUBILEE CLOSE: Plot and Title Map

3 JUBILEE CLOSE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 3 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 3 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 3 JUBILEE CLOSE?

3 JUBILEE CLOSE is located in HOCKLEY, in the SS5 postcode district. The below map shows the position of No. 3 on JUBILEE CLOSE.