41, OAK WALK, HOCKLEY, SS5 5AR - £450,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

41 OAK WALK is a large extended detached house of 170m², built sometime between 1900 and 1929. It was last sold for £450,000 in July 2015, which was around 12% above the average July 2015 detached price in the Rochford local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

41 OAK WALK Sold Prices

Land registry data shows two sales for 41 OAK WALK 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. Both of the two 41 OAK WALK sales were 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
2015 6 JUL	£450,000	£401,470	12% above HPI
2011 2 MAR	£400,000	£328,141	22% above HPI

41 OAK WALK 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 41 OAK WALK sales from March 2011 and July 2015 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 2011 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the July 2015 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 41 OAK WALK?

41 OAK WALK is 170m², which includes one extension, according to the EPC inspection conducted in July 2010. This puts it in the largest 30% of detached houses in Hockley, based on EPC data. The below chart shows the distribution of detached houses by size in Hockley, and where 41 OAK WALK lies on this distribution: 73% of detached houses are smaller than 41 OAK WALK, and 27% of houses are larger. Note that EPC data is not available for all properties in Hockley.

41 OAK WALK: Plot and Title Map

41 OAK WALK sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of 41 OAK WALK, 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 41 OAK WALK). 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 41 OAK WALK?

41 OAK WALK is located in HOCKLEY, in the SS5 postcode district. The below map shows the position of No. 41 on OAK WALK.