3A, THE SPINNEYS, HOCKLEY, SS5 4PW - £650,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3A THE SPINNEYS is a large detached house of 189m², which could now be worth an estimated £718,314. It was last sold for £650,000 in September 2020, which was around 15% above the average September 2020 detached price in the Rochford local authority area. The most recent EPC inspection was April 2019, where the current energy rating was B, and the potential energy rating was B.

3A THE SPINNEYS Sold Prices

Land registry data shows two sales for 3A THE SPINNEYS 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. One of the two 3A THE SPINNEYS sales was for above the average price, whilst the other was 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
2020 4 SEP	£650,000	£562,950	15% above HPI
2018 21 DEC	£240,000	£547,147	56% below HPI

3A THE SPINNEYS 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 3A THE SPINNEYS sales from December 2018 and September 2020 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 December 2018 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the September 2020 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 3A THE SPINNEYS be worth now?

3A THE SPINNEYS might now be worth an estimated £718,314.

This is based on house price inflation of 10.5%, between September 2020 and February 2025, for detached houses, in the Rochford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.5% inflationary increase is applied to the most recent sale price for 3A THE SPINNEYS of £650,000 on 4th September 2020. For the value to have increased from £650,000 to £718,314 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 3A THE SPINNEYS has moved in line with the HPI for detached houses in the Rochford local authority area.
• The September 2020 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of 3A THE SPINNEYS has not materially changed since September 2020.

How Large is 3A THE SPINNEYS?

3A THE SPINNEYS is 189m² according to the EPC inspection conducted in April 2019. This puts it in the largest 20% of detached houses houses in Hockley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hockley, and where 3A THE SPINNEYS lies on this distribution: 80% of detached houses houses are smaller than 3A THE SPINNEYS, and 19% of houses are larger. Note that EPC data is not available for all properties in Hockley.

3A THE SPINNEYS: Plot and Title Map

3A THE SPINNEYS sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 3A THE SPINNEYS, 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 3A THE SPINNEYS). 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 3A THE SPINNEYS?

3A THE SPINNEYS is located in HOCKLEY, in the SS5 postcode district. The below map shows the position of No. 3A on THE SPINNEYS.