47, THE DRIVE, ROCHFORD, SS4 1QE - £312,500

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 THE DRIVE is a very small extended semi-detached house of 90m², built sometime between 1976 and 1982, which could now be worth an estimated £334,646. It was last sold for £312,500 in March 2022, which was around 12% below the average March 2022 semi-detached price in the Rochford local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

47 THE DRIVE Sold Prices

Land registry data shows three sales for 47 THE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Rochford local authority area for the corresponding sale date. All of the three 47 THE DRIVE 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
2022 10 MAR	£312,500	£354,628	12% below HPI
2016 21 MAR	£180,000	£283,517	37% below HPI
2007 29 NOV	£175,000	£228,524	23% below HPI

47 THE DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Rochford local authority area over time, sourced from the HPI. The three 47 THE DRIVE sales between November 2007 and March 2022 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 2016 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the March 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 47 THE DRIVE be worth now?

47 THE DRIVE might now be worth an estimated £334,646.

This is based on house price inflation of 7.1%, between March 2022 and February 2025, for semi-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 7.1% inflationary increase is applied to the most recent sale price for 47 THE DRIVE of £312,500 on 10th March 2022. For the value to have increased from £312,500 to £334,646 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 47 THE DRIVE has moved in line with the HPI for semi-detached houses in the Rochford local authority area.
• The March 2022 sale price of £312,500 represented a fair market value for the property.
• The size, condition, and specification of 47 THE DRIVE has not materially changed since March 2022.

How Large is 47 THE DRIVE?

47 THE DRIVE is 90m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the smallest 20% of semi-detached houses houses in Rochford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Rochford, and where 47 THE DRIVE lies on this distribution: 19% of semi-detached houses houses are smaller than 47 THE DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Rochford.

47 THE DRIVE: Plot and Title Map

47 THE DRIVE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 47 THE 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 47 THE 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 47 THE DRIVE?

47 THE DRIVE is located in ROCHFORD, in the SS4 postcode district. The below map shows the position of No. 47 on THE DRIVE.