6B, READ CLOSE, HOCKLEY, SS5 4LS - £595,000

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

6B READ CLOSE is a very small detached house of 91m², built sometime between 1996 and 2002. It was last sold for £595,000 in May 2021, which was around 16% above the average May 2021 detached price in the Rochford local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

6B READ CLOSE Sold Prices

Land registry data shows three sales for 6B READ CLOSE 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 6B READ CLOSE sales were 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
2021 5 MAY	£595,000	£512,847	16% above HPI
2006 6 OCT	£435,000	£307,448	41% above HPI
1996 23 AUG	£170,000	£95,674	78% above HPI

6B READ CLOSE 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 6B READ CLOSE sales between August 1996 and May 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 October 2006 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the May 2021 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 6B READ CLOSE?

6B READ CLOSE is 91m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 20% of detached houses in Hawkwell, based on EPC data. The below chart shows the distribution of detached houses by size in Hawkwell, and where 6B READ CLOSE lies on this distribution: 12% of detached houses are smaller than 6B READ CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Hawkwell.

6B READ CLOSE: Plot and Title Map

6B READ CLOSE sits on a plot of roughly 0.135 of an acre, or 548m². The below map shows the location of 6B READ CLOSE, 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 6B READ CLOSE). 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 6B READ CLOSE?

6B READ CLOSE is located in HOCKLEY, in the SS5 postcode district. The below map shows the position of No. 6B on READ CLOSE.