9, THE DRIVE, HULLBRIDGE, HOCKLEY, SS5 6LZ - £650,000

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

9 THE DRIVE is a very large extended detached house of 172m², built sometime between 1976 and 1982, which could now be worth an estimated £684,010. It was last sold for £650,000 in February 2024, which was around 11% above the average February 2024 detached price in the Rochford local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

9 THE DRIVE Sold Prices

Land registry data shows two sales for 9 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. One of the two 9 THE DRIVE sales was for above the average price, whilst the other was 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
2024 28 FEB	£650,000	£587,237	11% above HPI
2002 1 FEB	£196,000	£203,015	3% below HPI

9 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 9 THE DRIVE sales from February 2002 and February 2024 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 February 2002 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2024 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 9 THE DRIVE be worth now?

9 THE DRIVE might now be worth an estimated £684,010.

This is based on house price inflation of 5.2%, between February 2024 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 5.2% inflationary increase is applied to the most recent sale price for 9 THE DRIVE of £650,000 on 28th February 2024. For the value to have increased from £650,000 to £684,010 over the two months to December 2024, the following assumptions must hold true:

• The value of 9 THE DRIVE has moved in line with the HPI for detached houses in the Rochford local authority area.
• The February 2024 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of 9 THE DRIVE has not materially changed since February 2024.

How Large is 9 THE DRIVE?

9 THE DRIVE is 172m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 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 9 THE DRIVE lies on this distribution: 85% of detached houses houses are smaller than 9 THE DRIVE, and 15% of houses are larger. Note that EPC data is not available for all properties in Hullbridge.

9 THE DRIVE: Plot and Title Map

9 THE DRIVE sits on a plot of roughly 0.202 of an acre, or 818m². The below map shows the location of 9 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 9 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 9 THE DRIVE?

9 THE DRIVE is located in HULLBRIDGE, in the SS5 postcode district. The below map shows the position of No. 9 on THE DRIVE.