3, WOOD LANE, HOCKLEY, SS5 5PB - £665,000

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

3 WOOD LANE is a very large extended detached house of 202m², built sometime between 1996 and 2002. It was last sold for £665,000 in November 2019, which was around 29% above the average November 2019 detached price in the Rochford local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

3 WOOD LANE Sold Prices

Land registry data shows three sales for 3 WOOD LANE since 1^st 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. All of the three 3 WOOD LANE 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
2019 7 NOV	£665,000	£515,775	29% above HPI
2005 7 OCT	£467,500	£295,993	58% above HPI
2002 19 JUL	£385,000	£213,198	81% above HPI

3 WOOD LANE 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 three 3 WOOD LANE sales between July 2002 and November 2019 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 2005 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the November 2019 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 3 WOOD LANE?

3 WOOD LANE is 202m², which includes one extension, according to the EPC inspection conducted in April 2019. 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 3 WOOD LANE lies on this distribution: 84% of detached houses are smaller than 3 WOOD LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Hockley.

3 WOOD LANE: Plot and Title Map

3 WOOD LANE sits on a plot of roughly 0.127 of an acre, or 512m². The below map shows the location of 3 WOOD LANE, 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 WOOD LANE). 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 WOOD LANE?

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