38, SYCAMORE WAY, SOUTH OCKENDON, RM15 6XB - £425,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

38 SYCAMORE WAY is a small detached house of 87m², built sometime between 1991 and 1995. It was last sold for £425,000 in June 2024, which was around 28% below the average June 2024 detached price in the Thurrock local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was B.

38 SYCAMORE WAY Sold Prices

Land registry data shows three sales for 38 SYCAMORE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Thurrock local authority area for the corresponding sale date. Two of the three 38 SYCAMORE WAY sales were for below the average price, whilst one was 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
2024 7 JUN	£425,000	£594,321	28% below HPI
2014 23 APR	£277,500	£328,103	15% below HPI
1997 13 JUN	£105,495	£97,359	8% above HPI

38 SYCAMORE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Thurrock local authority area over time, sourced from the HPI. The three 38 SYCAMORE WAY sales between June 1997 and June 2024 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 2014 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2024 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 38 SYCAMORE WAY?

38 SYCAMORE WAY is 87m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 30% of detached houses in South Ockendon, based on EPC data. The below chart shows the distribution of detached houses by size in South Ockendon, and where 38 SYCAMORE WAY lies on this distribution: 21% of detached houses are smaller than 38 SYCAMORE WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in South Ockendon.

38 SYCAMORE WAY: Plot and Title Map

38 SYCAMORE WAY sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 38 SYCAMORE WAY, 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 SYCAMORE WAY). 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 38 SYCAMORE WAY?

38 SYCAMORE WAY is located in SOUTH OCKENDON, in the RM15 postcode district. The below map shows the position of No. 38 on SYCAMORE WAY.