Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
56 LOWER ROAD is a large extended detached house of 138m², built sometime between 1976 and 1982. It was last sold for £482,500 in August 2017, which was around 3% below the average August 2017 detached price in the Rochford local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 56 LOWER ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. Two of the three 56 LOWER ROAD 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 |
---|---|---|---|
2017 24 AUG | £482,500 | £498,356 | 3% below HPI |
2013 1 OCT | £322,000 | £336,950 | 4% below HPI |
1998 21 MAY | £117,500 | £114,922 | 2% above HPI |
The below graph shows the average detached house price in the Rochford local authority area over time, sourced from the HPI. The three 56 LOWER ROAD sales between May 1998 and August 2017 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 October 2013 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2017 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.
56 LOWER ROAD is 138m², which includes two extensions, according to the EPC inspection conducted in August 2012. This puts it in the largest 40% of detached houses in Hullbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Hullbridge, and where 56 LOWER ROAD lies on this distribution: 64% of detached houses are smaller than 56 LOWER ROAD, and 35% of houses are larger. Note that EPC data is not available for all properties in Hullbridge.
56 LOWER ROAD sits on a plot of roughly 0.310 of an acre, or 1,256m². The below map shows the location of 56 LOWER ROAD, 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 56 LOWER ROAD). 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.
56 LOWER ROAD is located in HULLBRIDGE, in the SS5 postcode district. The below map shows the position of No. 56 on LOWER ROAD.