55, THE DRIVE, ROCHFORD, SS4 1QE - £130,000

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.

55 THE DRIVE is a very small semi-detached house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £288,189. It was last sold for £130,000 in May 2003, which was around 24% below the average May 2003 semi-detached price in the Rochford local authority area. The most recent EPC inspection was October 2014, where the current energy rating was B, and the potential energy rating was A.

55 THE DRIVE Sold Prices

Land registry data shows two sales for 55 THE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Rochford local authority area for the corresponding sale date. Both of the two 55 THE 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
2003 30 MAY	£130,000	£171,307	24% below HPI
1996 22 NOV	£50,000	£61,872	19% below HPI

55 THE DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Rochford local authority area over time, sourced from the HPI. The two 55 THE DRIVE sales from November 1996 and May 2003 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 1996 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2003 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 55 THE DRIVE be worth now?

55 THE DRIVE might now be worth an estimated £288,189.

This is based on house price inflation of 121.7%, between May 2003 and February 2025, for semi-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 121.7% inflationary increase is applied to the most recent sale price for 55 THE DRIVE of £130,000 on 30th May 2003. For the value to have increased from £130,000 to £288,189 over the 22 years and three months to February 2025, the following assumptions must hold true:

• The value of 55 THE DRIVE has moved in line with the HPI for semi-detached houses in the Rochford local authority area.
• The May 2003 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 55 THE DRIVE has not materially changed since May 2003.

How Large is 55 THE DRIVE?

55 THE DRIVE is 86m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% of semi-detached houses houses in Rochford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Rochford, and where 55 THE DRIVE lies on this distribution: 16% of semi-detached houses houses are smaller than 55 THE DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Rochford.

55 THE DRIVE: Plot and Title Map

55 THE DRIVE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 55 THE 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 55 THE 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 55 THE DRIVE?

55 THE DRIVE is located in ROCHFORD, in the SS4 postcode district. The below map shows the position of No. 55 on THE DRIVE.