55, ORCHARD AVENUE, HOCKLEY, SS5 5BA - £375,000

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

55 ORCHARD AVENUE is a very small detached house of 86m², built sometime between 1950 and 1966. It was last sold for £375,000 in November 2021, which was around 31% below the average November 2021 detached price in the Rochford local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

55 ORCHARD AVENUE Sold Prices

Land registry data shows two sales for 55 ORCHARD AVENUE since 1^st 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 55 ORCHARD AVENUE 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
2021 2 NOV	£375,000	£546,642	31% below HPI
2000 31 AUG	£121,000	£167,998	28% below HPI

55 ORCHARD AVENUE 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 two 55 ORCHARD AVENUE sales from August 2000 and November 2021 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 2000 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2021 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 55 ORCHARD AVENUE?

55 ORCHARD AVENUE is 86m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% of detached houses in Hockley, based on EPC data. The below chart shows the distribution of detached houses by size in Hockley, and where 55 ORCHARD AVENUE lies on this distribution: 10% of detached houses are smaller than 55 ORCHARD AVENUE, and 90% of houses are larger. Note that EPC data is not available for all properties in Hockley.

55 ORCHARD AVENUE: Plot and Title Map

55 ORCHARD AVENUE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 55 ORCHARD AVENUE, 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 55 ORCHARD AVENUE). 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 55 ORCHARD AVENUE?

55 ORCHARD AVENUE is located in HOCKLEY, in the SS5 postcode district. The below map shows the position of No. 55 on ORCHARD AVENUE.