BROOKS COTTAGE, GREENSWARD LANE, HOCKLEY, SS5 5HR - £537,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

BROOKS COTTAGE is a large extended detached house of 163m², built sometime before 1900, which could now be worth an estimated £740,061. It was last sold for £537,500 in November 2015, which was around 19% above the average November 2015 detached price in the Rochford local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was C.

BROOKS COTTAGE Sold Prices

Land registry data shows two sales for BROOKS COTTAGE 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 BROOKS COTTAGE 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
2015 10 NOV	£537,500	£451,837	19% above HPI
2009 20 MAR	£375,000	£333,310	13% above HPI

BROOKS COTTAGE 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 BROOKS COTTAGE sales from March 2009 and November 2015 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 March 2009 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the November 2015 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might BROOKS COTTAGE be worth now?

BROOKS COTTAGE might now be worth an estimated £740,061.

This is based on house price inflation of 37.7%, between November 2015 and February 2025, 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 37.7% inflationary increase is applied to the most recent sale price for BROOKS COTTAGE of £537,500 on 10th November 2015. For the value to have increased from £537,500 to £740,061 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of BROOKS COTTAGE has moved in line with the HPI for detached houses in the Rochford local authority area.
• The November 2015 sale price of £537,500 represented a fair market value for the property.
• The size, condition, and specification of BROOKS COTTAGE has not materially changed since November 2015.

How Large is BROOKS COTTAGE?

BROOKS COTTAGE is 163m², which includes three extensions, according to the EPC inspection conducted in June 2016. This puts it in the largest 40% of detached houses houses in Hockley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hockley, and where BROOKS COTTAGE lies on this distribution: 69% of detached houses houses are smaller than BROOKS COTTAGE, and 31% of houses are larger. Note that EPC data is not available for all properties in Hockley.

BROOKS COTTAGE: Plot and Title Map

BROOKS COTTAGE sits on a plot of roughly 0.546 of an acre, or 2,208m². The below map shows the location of BROOKS COTTAGE, 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 BROOKS COTTAGE). 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 BROOKS COTTAGE?

BROOKS COTTAGE is located on GREENSWARD LANE in HOCKLEY, in the SS5 postcode district. The below map shows the position of BROOKS COTTAGE on GREENSWARD LANE.