50, GATEHOPE DRIVE, SOUTH OCKENDON, RM15 5JR - £227,500

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

50 GATEHOPE DRIVE is a midsized detached house of 116m², built sometime between 1983 and 1990. It was last sold for £227,500 in January 2012, which was around 26% below the average January 2012 detached price in the Thurrock local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

50 GATEHOPE DRIVE Sold Prices

Land registry data shows three sales for 50 GATEHOPE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Thurrock local authority area for the corresponding sale date. Two of the three 50 GATEHOPE DRIVE sales were for below the average price, whilst one was 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
2012 6 JAN	£227,500	£309,228	26% below HPI
1999 12 MAY	£128,500	£116,431	10% above HPI
1995 28 JUL	£87,000	£90,868	4% below HPI

50 GATEHOPE 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 three 50 GATEHOPE DRIVE sales between July 1995 and January 2012 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 May 1999 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the January 2012 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 50 GATEHOPE DRIVE?

50 GATEHOPE DRIVE is 116m² according to the EPC inspection conducted in July 2011. This puts it in the largest 50% 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 50 GATEHOPE DRIVE lies on this distribution: 60% of detached houses are smaller than 50 GATEHOPE DRIVE, and 40% of houses are larger. Note that EPC data is not available for all properties in South Ockendon.

50 GATEHOPE DRIVE: Plot and Title Map

50 GATEHOPE DRIVE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 50 GATEHOPE 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 50 GATEHOPE 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 50 GATEHOPE DRIVE?

50 GATEHOPE DRIVE is located in SOUTH OCKENDON, in the RM15 postcode district. The below map shows the position of No. 50 on GATEHOPE DRIVE.