40, SHETLAND CRESCENT, ROCHFORD, SS4 3FJ - £505,000

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 SHETLAND CRESCENT is a large detached house of 155m², which could now be worth an estimated £575,123. It was last sold for £505,000 in September 2018, which was around 8% below the average September 2018 detached price in the Rochford local authority area. The most recent EPC inspection was December 2014, where the current energy rating was B, and the potential energy rating was A.

40 SHETLAND CRESCENT Sold Prices

Land registry data shows three sales for 40 SHETLAND CRESCENT 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. Two of the three 40 SHETLAND CRESCENT 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
2018 14 SEP	£505,000	£546,262	8% below HPI
2018 31 AUG	£500,000	£541,801	8% below HPI
2015 15 JAN	£439,995	£399,610	10% above HPI

40 SHETLAND CRESCENT 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 SHETLAND CRESCENT sales between January 2015 and September 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 August 2018 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2018 sale, which was also at 8% below the HPI.

What might 40 SHETLAND CRESCENT be worth now?

40 SHETLAND CRESCENT might now be worth an estimated £575,123.

This is based on house price inflation of 13.9%, between September 2018 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 13.9% inflationary increase is applied to the most recent sale price for 40 SHETLAND CRESCENT of £505,000 on 14th September 2018. For the value to have increased from £505,000 to £575,123 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 40 SHETLAND CRESCENT has moved in line with the HPI for detached houses in the Rochford local authority area.
• The September 2018 sale price of £505,000 represented a fair market value for the property.
• The size, condition, and specification of 40 SHETLAND CRESCENT has not materially changed since September 2018.

How Large is 40 SHETLAND CRESCENT?

40 SHETLAND CRESCENT is 155m² according to the EPC inspection conducted in December 2014. This puts it in the largest 30% of detached houses houses in Rochford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rochford, and where 40 SHETLAND CRESCENT lies on this distribution: 70% of detached houses houses are smaller than 40 SHETLAND CRESCENT, and 27% of houses are larger. Note that EPC data is not available for all properties in Rochford.

40 SHETLAND CRESCENT: Plot and Title Map

40 SHETLAND CRESCENT sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 40 SHETLAND CRESCENT, 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 SHETLAND CRESCENT). 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 SHETLAND CRESCENT?

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