83, THE DRIVE, HULLBRIDGE, HOCKLEY, SS5 6LZ - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

83 THE DRIVE is a very small detached house of 79m², built sometime between 1950 and 1966, which could now be worth an estimated £430,228. It was last sold for £250,000 in January 2014, which was around 30% below the average January 2014 detached price in the Rochford local authority area. The most recent EPC inspection was June 2013, where the current energy rating was E, and the potential energy rating was B.

83 THE DRIVE Sold Prices

Land registry data shows two sales for 83 THE DRIVE 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 83 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
2014 24 JAN	£250,000	£359,090	30% below HPI
2013 27 SEP	£220,000	£355,028	38% below HPI

83 THE DRIVE 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 83 THE DRIVE sales from September 2013 and January 2014 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 September 2013 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the January 2014 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 83 THE DRIVE be worth now?

83 THE DRIVE might now be worth an estimated £430,228.

This is based on house price inflation of 72.1%, between January 2014 and December 2024, for 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 72.1% inflationary increase is applied to the most recent sale price for 83 THE DRIVE of £250,000 on 24th January 2014. For the value to have increased from £250,000 to £430,228 over the nine years and one month to December 2024, the following assumptions must hold true:

• The value of 83 THE DRIVE has moved in line with the HPI for detached houses in the Rochford local authority area.
• The January 2014 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 83 THE DRIVE has not materially changed since January 2014.

How Large is 83 THE DRIVE?

83 THE DRIVE is 79m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% of detached houses houses in Hullbridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hullbridge, and where 83 THE DRIVE lies on this distribution: 14% of detached houses houses are smaller than 83 THE DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Hullbridge.

83 THE DRIVE: Plot and Title Map

83 THE DRIVE sits on a plot of roughly 0.183 of an acre, or 739m². The below map shows the location of 83 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 83 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 83 THE DRIVE?

83 THE DRIVE is located in HULLBRIDGE, in the SS5 postcode district. The below map shows the position of No. 83 on THE DRIVE.