CHAD, BARLING ROAD, GREAT WAKERING, SOUTHEND-ON-SEA, SS3 0ND - £525,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

CHAD is a small detached house of 100m², built sometime between 1950 and 1966. It was last sold for £525,000 in June 2021, which was around 1% above the average June 2021 detached price in the Rochford local authority area. The most recent EPC inspection was October 2009, where the current energy rating was E, and the potential energy rating was D.

CHAD Sold Prices

Land registry data shows four sales for CHAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. Most of the four CHAD 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
2021 30 JUN	£525,000	£520,402	1% above HPI
2011 25 JUL	£235,000	£320,201	27% below HPI
2009 9 NOV	£200,000	£306,679	35% below HPI
1997 12 JUN	£60,000	£103,064	42% below HPI

CHAD 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 four CHAD sales between June 1997 and June 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 July 2011 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2021 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is CHAD?

CHAD is 100m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 30% of detached houses in Stonebridge, based on EPC data. The below chart shows the distribution of detached houses by size in Stonebridge, and where CHAD lies on this distribution: 22% of detached houses are smaller than CHAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Stonebridge.

CHAD: Plot and Title Map

CHAD sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of CHAD, 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 CHAD). 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 CHAD?

CHAD is located on BARLING ROAD in GREAT WAKERING, in the SS3 postcode district. The below map shows the position of CHAD on BARLING ROAD.