MAI LING, FOLLY CHASE, HOCKLEY, SS5 4SF - £340,000

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.

MAI LING is a midsized detached house of 135m², built sometime between 1967 and 1975, which could now be worth an estimated £652,863. It was last sold for £340,000 in April 2009, which was around 5% above the average April 2009 detached price in the Rochford local authority area. The most recent EPC inspection was October 2008, where the current energy rating was F, and the potential energy rating was C.

MAI LING Sold Prices

Land registry data shows two sales for MAI LING 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 MAI LING 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
2009 15 APR	£340,000	£323,987	5% above HPI
1996 20 MAY	£116,000	£97,756	19% above HPI

MAI LING 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 MAI LING sales from May 1996 and April 2009 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 May 1996 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the April 2009 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might MAI LING be worth now?

MAI LING might now be worth an estimated £652,863.

This is based on house price inflation of 92%, between April 2009 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 92% inflationary increase is applied to the most recent sale price for MAI LING of £340,000 on 15th April 2009. For the value to have increased from £340,000 to £652,863 over the sixteen years and two months to February 2025, the following assumptions must hold true:

• The value of MAI LING has moved in line with the HPI for detached houses in the Rochford local authority area.
• The April 2009 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of MAI LING has not materially changed since April 2009.

How Large is MAI LING?

MAI LING is 135m² according to the EPC inspection conducted in October 2008. This puts it in the largest 50% 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 MAI LING lies on this distribution: 51% of detached houses houses are smaller than MAI LING, and 49% of houses are larger. Note that EPC data is not available for all properties in Hockley.

MAI LING: Plot and Title Map

MAI LING sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of MAI LING, 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 MAI LING). 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 MAI LING?

MAI LING is located on FOLLY CHASE in HOCKLEY, in the SS5 postcode district. The below map shows the position of MAI LING on FOLLY CHASE.