40, ALBERT ROAD, ROCHFORD, SS4 3EZ - £375,000

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

40 ALBERT ROAD is a small extended detached house of 108m², built sometime between 1930 and 1949. It was last sold for £375,000 in July 2018, which was around 26% below the average July 2018 detached price in the Rochford local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

40 ALBERT ROAD Sold Prices

Land registry data shows three sales for 40 ALBERT ROAD 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 40 ALBERT 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
2018 2 JUL	£375,000	£505,344	26% below HPI
1999 26 FEB	£81,437	£118,576	31% below HPI
1996 18 DEC	£80,000	£99,627	20% below HPI

40 ALBERT ROAD 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 40 ALBERT ROAD sales between December 1996 and July 2018 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 1999 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2018 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 40 ALBERT ROAD?

40 ALBERT ROAD is 108m², which includes two extensions, according to the EPC inspection conducted in March 2024. This puts it in the smallest 40% of detached houses in Ashingdon, based on EPC data. The below chart shows the distribution of detached houses by size in Ashingdon, and where 40 ALBERT ROAD lies on this distribution: 40% of detached houses are smaller than 40 ALBERT ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Ashingdon.

40 ALBERT ROAD: Plot and Title Map

40 ALBERT ROAD sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 40 ALBERT 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 40 ALBERT 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.

Where is 40 ALBERT ROAD?

40 ALBERT ROAD is located in ROCHFORD, in the SS4 postcode district. The below map shows the position of No. 40 on ALBERT ROAD.