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
38 FERRY ROAD is a small extended detached house of 89m², built sometime between 1967 and 1975. It was last sold for £392,500 in May 2023, which was around 32% below the average May 2023 detached price in the Rochford local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 38 FERRY ROAD since 1st 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 38 FERRY ROAD 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 |
---|---|---|---|
2023 11 MAY | £392,500 | £576,548 | 32% below HPI |
2018 2 FEB | £290,000 | £481,537 | 40% below HPI |
The below graph shows the average detached house price in the Rochford local authority area over time, sourced from the HPI. The two 38 FERRY ROAD sales from February 2018 and May 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 February 2018 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2023 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.
38 FERRY ROAD is 89m², which includes two extensions, according to the EPC inspection conducted in November 2022. This puts it in the smallest 30% of detached houses in Hullbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Hullbridge, and where 38 FERRY ROAD lies on this distribution: 21% of detached houses are smaller than 38 FERRY ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Hullbridge.
38 FERRY ROAD sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 38 FERRY 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 38 FERRY 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.
38 FERRY ROAD is located in HULLBRIDGE, in the SS5 postcode district. The below map shows the position of No. 38 on FERRY ROAD.