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
47 MAIN ROAD is a small extended detached house of 112m², built sometime between 1967 and 1975. It was last sold for £530,000 in February 2023, which was around 11% below the average February 2023 detached price in the Rochford local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 47 MAIN ROAD since 1st 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 47 MAIN 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 |
---|---|---|---|
2023 3 FEB | £530,000 | £596,275 | 11% below HPI |
2003 29 AUG | £245,000 | £265,919 | 8% below HPI |
2001 23 NOV | £190,000 | £192,830 | 1% below HPI |
The below graph shows the average detached house price in the Rochford local authority area over time, sourced from the HPI. The three 47 MAIN ROAD sales between November 2001 and February 2023 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 2003 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2023 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.
47 MAIN ROAD is 112m², which includes two extensions, according to the EPC inspection conducted in January 2022. This puts it in the smallest 40% of detached houses in Hockley, based on EPC data. The below chart shows the distribution of detached houses by size in Hockley, and where 47 MAIN ROAD lies on this distribution: 30% of detached houses are smaller than 47 MAIN ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Hockley.
47 MAIN ROAD sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 47 MAIN 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 47 MAIN 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.
47 MAIN ROAD is located in HOCKLEY, in the SS5 postcode district. The below map shows the position of No. 47 on MAIN ROAD.