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
5 WOOD LANE is a large detached house of 171m², built sometime between 1996 and 2002. It was last sold for £535,000 in April 2014, which was around 59% above the average April 2014 detached price in the Rochford local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 5 WOOD LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. Both of the two 5 WOOD LANE sales were for above 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 15 APR | £535,000 | £336,284 | 59% above HPI |
2003 25 NOV | £498,000 | £270,370 | 84% above HPI |
The below graph shows the average detached house price in the Rochford local authority area over time, sourced from the HPI. The two 5 WOOD LANE sales from November 2003 and April 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 November 2003 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the April 2014 sale, where it falls to 59% above the HPI. The line then continues to track at 59% above the HPI.
5 WOOD LANE is 171m² according to the EPC inspection conducted in September 2010. This puts it in the largest 30% of detached houses in Hockley, based on EPC data. The below chart shows the distribution of detached houses by size in Hockley, and where 5 WOOD LANE lies on this distribution: 73% of detached houses are smaller than 5 WOOD LANE, and 27% of houses are larger. Note that EPC data is not available for all properties in Hockley.
5 WOOD LANE sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of 5 WOOD LANE, 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 WOOD LANE). 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.
5 WOOD LANE is located in HOCKLEY, in the SS5 postcode district. The below map shows the position of No. 5 on WOOD LANE.