3, WESTMINSTER DRIVE, HOCKLEY, SS5 4XD - £230,000

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 WESTMINSTER DRIVE is a small detached house of 113m², built sometime between 1983 and 1990. It was last sold for £230,000 in August 2009, which was around 21% below the average August 2009 detached price in the Rochford local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

3 WESTMINSTER DRIVE Sold Prices

Land registry data shows two sales for 3 WESTMINSTER DRIVE 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 WESTMINSTER 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
2009 28 AUG	£230,000	£292,975	21% below HPI
2002 26 APR	£165,000	£200,696	18% below HPI

3 WESTMINSTER DRIVE 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 WESTMINSTER DRIVE sales from April 2002 and August 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 April 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2009 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 3 WESTMINSTER DRIVE?

3 WESTMINSTER DRIVE is 113m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 40% 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 WESTMINSTER DRIVE lies on this distribution: 32% of detached houses are smaller than 3 WESTMINSTER DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Hockley.

3 WESTMINSTER DRIVE: Plot and Title Map

3 WESTMINSTER DRIVE sits on a plot of roughly 0.062 of an acre, or 253m². The below map shows the location of 3 WESTMINSTER 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 3 WESTMINSTER 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 3 WESTMINSTER DRIVE?

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