5, HERITAGE WAY, ROCHFORD, SS4 1XA - £272,500

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.

5 HERITAGE WAY is a very small detached house of 82m², built sometime between 1996 and 2002, which could now be worth an estimated £432,984. It was last sold for £272,500 in September 2014, which was around 30% below the average September 2014 detached price in the Rochford local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

5 HERITAGE WAY Sold Prices

Land registry data shows five sales for 5 HERITAGE WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. All of the five 5 HERITAGE WAY 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
2014 25 SEP	£272,500	£391,530	30% below HPI
2003 24 APR	£195,000	£279,397	30% below HPI
2002 25 FEB	£139,000	£203,015	32% below HPI
2001 2 FEB	£131,000	£180,380	27% below HPI
1996 10 OCT	£94,995	£105,728	10% below HPI

5 HERITAGE WAY 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 five 5 HERITAGE WAY sales between October 1996 and September 2014 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 April 2003 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2014 sale, which was also at 30% below the HPI.

What might 5 HERITAGE WAY be worth now?

5 HERITAGE WAY might now be worth an estimated £432,984.

This is based on house price inflation of 58.9%, between September 2014 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 58.9% inflationary increase is applied to the most recent sale price for 5 HERITAGE WAY of £272,500 on 25th September 2014. For the value to have increased from £272,500 to £432,984 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 HERITAGE WAY has moved in line with the HPI for detached houses in the Rochford local authority area.
• The September 2014 sale price of £272,500 represented a fair market value for the property.
• The size, condition, and specification of 5 HERITAGE WAY has not materially changed since September 2014.

How Large is 5 HERITAGE WAY?

5 HERITAGE WAY is 82m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of detached houses houses in Rochford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rochford, and where 5 HERITAGE WAY lies on this distribution: 14% of detached houses houses are smaller than 5 HERITAGE WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Rochford.

5 HERITAGE WAY: Plot and Title Map

5 HERITAGE WAY sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 5 HERITAGE WAY, 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 HERITAGE WAY). 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 HERITAGE WAY?

5 HERITAGE WAY is located in ROCHFORD, in the SS4 postcode district. The below map shows the position of No. 5 on HERITAGE WAY.