5, HAZEL DRIVE, SOUTH OCKENDON, RM15 6JT - £425,000

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

5 HAZEL DRIVE is a very small extended detached house of 81m², built sometime between 1983 and 1990. It was last sold for £425,000 in May 2018, which was around 16% below the average May 2018 detached price in the Thurrock local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

5 HAZEL DRIVE Sold Prices

Land registry data shows five sales for 5 HAZEL DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Thurrock local authority area for the corresponding sale date. Most of the five 5 HAZEL 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
2018 3 MAY	£425,000	£505,127	16% below HPI
2012 24 AUG	£250,000	£308,734	19% below HPI
2002 23 JAN	£149,995	£196,947	24% below HPI
2000 4 JAN	£15,500	£135,649	89% below HPI
1995 22 SEP	£92,950	£91,554	2% above HPI

5 HAZEL 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 five 5 HAZEL DRIVE sales between September 1995 and May 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 August 2012 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2018 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 5 HAZEL DRIVE?

5 HAZEL DRIVE is 81m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the smallest 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 5 HAZEL DRIVE lies on this distribution: 11% of detached houses are smaller than 5 HAZEL DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in South Ockendon.

5 HAZEL DRIVE: Plot and Title Map

5 HAZEL DRIVE sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 5 HAZEL 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 5 HAZEL 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 5 HAZEL DRIVE?

5 HAZEL DRIVE is located in SOUTH OCKENDON, in the RM15 postcode district. The below map shows the position of No. 5 on HAZEL DRIVE.