CEDARS, BROOM ROAD, HULLBRIDGE, HOCKLEY, SS5 6HN - £415,000

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.

CEDARS is a small semi-detached house of 99m², built sometime between 1950 and 1966, which could now be worth an estimated £429,326. It was last sold for £415,000 in August 2022, which was around 13% above the average August 2022 semi-detached price in the Rochford local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

CEDARS Sold Prices

Land registry data shows two sales for CEDARS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Rochford local authority area for the corresponding sale date. Both of the two CEDARS 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
2022 19 AUG	£415,000	£367,088	13% above HPI
2007 22 JUN	£245,000	£217,975	12% above HPI

CEDARS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Rochford local authority area over time, sourced from the HPI. The two CEDARS sales from June 2007 and August 2022 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 June 2007 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2022 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might CEDARS be worth now?

CEDARS might now be worth an estimated £429,326.

This is based on house price inflation of 3.5%, between August 2022 and February 2025, for semi-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 3.5% inflationary increase is applied to the most recent sale price for CEDARS of £415,000 on 19th August 2022. For the value to have increased from £415,000 to £429,326 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of CEDARS has moved in line with the HPI for semi-detached houses in the Rochford local authority area.
• The August 2022 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of CEDARS has not materially changed since August 2022.

How Large is CEDARS?

CEDARS is 99m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% of semi-detached houses houses in Hullbridge, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hullbridge, and where CEDARS lies on this distribution: 32% of semi-detached houses houses are smaller than CEDARS, and 67% of houses are larger. Note that EPC data is not available for all properties in Hullbridge.

CEDARS: Plot and Title Map

CEDARS sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of CEDARS, 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 CEDARS). 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 CEDARS?

CEDARS is located on BROOM ROAD in HULLBRIDGE, in the SS5 postcode district. The below map shows the position of CEDARS on BROOM ROAD.