MIRANDA, THE ESPLANADE, HULLBRIDGE, HOCKLEY, SS5 6LX - £900,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

MIRANDA is a very small detached house of 52m², built sometime between 1930 and 1949. It was last sold for £900,000 in March 2024, which was around 62% above the average March 2024 detached price in the Rochford local authority area. The most recent EPC inspection was May 2018, where the current energy rating was G, and the potential energy rating was C.

MIRANDA Sold Prices

Land registry data shows three sales for MIRANDA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. Two of the three MIRANDA sales were for above the average price, whilst one 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 14 MAR	£900,000	£556,544	62% above HPI
2020 4 SEP	£485,000	£526,697	8% below HPI
2018 19 DEC	£520,000	£511,912	2% above HPI

MIRANDA 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 three MIRANDA sales between December 2018 and March 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 September 2020 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the March 2024 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is MIRANDA?

MIRANDA is 52m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% of detached houses in Hullbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Hullbridge, and where MIRANDA lies on this distribution: 1% of detached houses are smaller than MIRANDA, and 99% of houses are larger. Note that EPC data is not available for all properties in Hullbridge.

MIRANDA: Plot and Title Map

MIRANDA sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of MIRANDA, 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 MIRANDA). 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 MIRANDA?

MIRANDA is located on THE ESPLANADE in HULLBRIDGE, in the SS5 postcode district. The below map shows the position of MIRANDA on THE ESPLANADE.