45, MEDLAR DRIVE, SOUTH OCKENDON, RM15 6TS - £535,000

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

45 MEDLAR DRIVE is a very large detached house of 132m², built sometime between 1991 and 1995. It was last sold for £535,000 in April 2018, which was around 6% above the average April 2018 detached price in the Thurrock local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

45 MEDLAR DRIVE Sold Prices

Land registry data shows three sales for 45 MEDLAR DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Thurrock local authority area for the corresponding sale date. All of the three 45 MEDLAR DRIVE 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
2018 19 APR	£535,000	£503,855	6% above HPI
2012 17 FEB	£340,000	£309,904	10% above HPI
1998 18 DEC	£159,950	£115,239	39% above HPI

45 MEDLAR DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Thurrock local authority area over time, sourced from the HPI. The three 45 MEDLAR DRIVE sales between December 1998 and April 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 2012 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the April 2018 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 45 MEDLAR DRIVE?

45 MEDLAR DRIVE is 132m² according to the EPC inspection conducted in November 2017. This puts it in the largest 20% of detached houses in South Ockendon, based on EPC data. The below chart shows the distribution of detached houses by size in South Ockendon, and where 45 MEDLAR DRIVE lies on this distribution: 84% of detached houses are smaller than 45 MEDLAR DRIVE, and 15% of houses are larger. Note that EPC data is not available for all properties in South Ockendon.

45 MEDLAR DRIVE: Plot and Title Map

45 MEDLAR DRIVE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 45 MEDLAR DRIVE, 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 45 MEDLAR DRIVE). 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 45 MEDLAR DRIVE?

45 MEDLAR DRIVE is located in SOUTH OCKENDON, in the RM15 postcode district. The below map shows the position of No. 45 on MEDLAR DRIVE.