47, MAIN ROAD, HOCKLEY, SS5 4QY - £530,000

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.

47 MAIN ROAD is a small extended detached house of 112m², built sometime between 1967 and 1975, which could now be worth an estimated £517,358. It was last sold for £530,000 in February 2023, which was around 17% 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.

47 MAIN ROAD Sold Prices

Land registry data shows three sales for 47 MAIN ROAD 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. 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	£637,317	17% below HPI
2003 29 AUG	£245,000	£284,222	14% below HPI
2001 23 NOV	£190,000	£206,103	8% below HPI

47 MAIN ROAD 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 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 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the February 2023 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 47 MAIN ROAD be worth now?

47 MAIN ROAD might now be worth an estimated £517,358.

This is based on house price deflation of 2.4%, between February 2023 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 2.4% deflationary decrease is applied to the most recent sale price for 47 MAIN ROAD of £530,000 on 3rd February 2023. For the value to have decreased from £530,000 to £517,358 over the two years to February 2025, the following assumptions must hold true:

• The value of 47 MAIN ROAD has moved in line with the HPI for detached houses in the Rochford local authority area.
• The February 2023 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of 47 MAIN ROAD has not materially changed since February 2023.

How Large is 47 MAIN ROAD?

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 houses in Hockley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hockley, and where 47 MAIN ROAD lies on this distribution: 30% of detached houses 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: Plot and Title Map

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.

Where is 47 MAIN ROAD?

47 MAIN ROAD is located in HOCKLEY, in the SS5 postcode district. The below map shows the position of No. 47 on MAIN ROAD.