56, MAIN ROAD, HOCKLEY, SS5 4RF - £400,000

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

56 MAIN ROAD is a midsized extended detached house of 144m², built sometime between 1950 and 1966. It was last sold for £400,000 in September 2019, which was around 23% below the average September 2019 detached price in the Rochford local authority area. The most recent EPC inspection was July 2022, where the current energy rating was E, and the potential energy rating was C.

56 MAIN ROAD Sold Prices

Land registry data shows three sales for 56 MAIN ROAD since 1^st 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. All of the three 56 MAIN ROAD 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
2019 3 SEP	£400,000	£521,498	23% below HPI
2017 13 JUL	£440,000	£496,368	11% below HPI
2015 6 FEB	£373,000	£379,475	2% below HPI

56 MAIN ROAD 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 three 56 MAIN ROAD sales between February 2015 and September 2019 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 July 2017 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2019 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 56 MAIN ROAD?

56 MAIN ROAD is 144m², which includes four extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 50% of detached houses in Hockley, based on EPC data. The below chart shows the distribution of detached houses by size in Hockley, and where 56 MAIN ROAD lies on this distribution: 57% of detached houses are smaller than 56 MAIN ROAD, and 42% of houses are larger. Note that EPC data is not available for all properties in Hockley.

56 MAIN ROAD: Plot and Title Map

56 MAIN ROAD sits on a plot of roughly 0.151 of an acre, or 610m². The below map shows the location of 56 MAIN 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 MAIN 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.

Where is 56 MAIN ROAD?

56 MAIN ROAD is located in HOCKLEY, in the SS5 postcode district. The below map shows the position of No. 56 on MAIN ROAD.