40, MERRYFIELDS AVENUE, HOCKLEY, SS5 5AL - £378,000

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.

40 MERRYFIELDS AVENUE is a small extended semi-detached house of 105m², built sometime between 1967 and 1975, which could now be worth an estimated £429,643. It was last sold for £378,000 in October 2019, which was around 13% above the average October 2019 semi-detached price in the Rochford local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

40 MERRYFIELDS AVENUE Sold Prices

Land registry data shows three sales for 40 MERRYFIELDS AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Rochford local authority area for the corresponding sale date. Two of the three 40 MERRYFIELDS AVENUE sales were for above the average price, whilst one 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
2019 10 OCT	£378,000	£334,113	13% above HPI
2014 14 MAR	£248,995	£217,436	15% above HPI
2011 4 FEB	£207,000	£212,826	3% below HPI

40 MERRYFIELDS AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Rochford local authority area over time, sourced from the HPI. The three 40 MERRYFIELDS AVENUE sales between February 2011 and October 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 March 2014 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the October 2019 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 40 MERRYFIELDS AVENUE be worth now?

40 MERRYFIELDS AVENUE might now be worth an estimated £429,643.

This is based on house price inflation of 13.7%, between October 2019 and February 2025, for semi-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 13.7% inflationary increase is applied to the most recent sale price for 40 MERRYFIELDS AVENUE of £378,000 on 10th October 2019. For the value to have increased from £378,000 to £429,643 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 40 MERRYFIELDS AVENUE has moved in line with the HPI for semi-detached houses in the Rochford local authority area.
• The October 2019 sale price of £378,000 represented a fair market value for the property.
• The size, condition, and specification of 40 MERRYFIELDS AVENUE has not materially changed since October 2019.

How Large is 40 MERRYFIELDS AVENUE?

40 MERRYFIELDS AVENUE is 105m², which includes two extensions, according to the EPC inspection conducted in June 2019. This puts it in the smallest 30% of semi-detached houses houses in Hockley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hockley, and where 40 MERRYFIELDS AVENUE lies on this distribution: 23% of semi-detached houses houses are smaller than 40 MERRYFIELDS AVENUE, and 76% of houses are larger. Note that EPC data is not available for all properties in Hockley.

40 MERRYFIELDS AVENUE: Plot and Title Map

40 MERRYFIELDS AVENUE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 40 MERRYFIELDS AVENUE, 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 MERRYFIELDS AVENUE). 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 MERRYFIELDS AVENUE?

40 MERRYFIELDS AVENUE is located in HOCKLEY, in the SS5 postcode district. The below map shows the position of No. 40 on MERRYFIELDS AVENUE.