OAK LODGE, THE ESPLANADE, HULLBRIDGE, HOCKLEY, SS5 6LX - £700,000

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.

OAK LODGE is a very large extended detached house of 216m², built sometime between 1996 and 2002, which could now be worth an estimated £1,014,860. It was last sold for £700,000 in July 2015, which was around 63% above the average July 2015 detached price in the Rochford local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

OAK LODGE Sold Prices

Land registry data shows three sales for OAK LODGE 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. All of the three OAK LODGE 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 JUL	£700,000	£429,104	63% above HPI
2007 2 APR	£650,000	£333,434	95% above HPI
2001 2 FEB	£350,000	£180,380	94% above HPI

OAK LODGE 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 OAK LODGE sales between February 2001 and July 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 April 2007 sale was for 95% above the HPI. So the extrapolation line tracks at 95% above the HPI over time, until the July 2015 sale, where it falls to 63% above the HPI. The line then continues to track at 63% above the HPI.

What might OAK LODGE be worth now?

OAK LODGE might now be worth an estimated £1,014,860.

This is based on house price inflation of 45%, between July 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 45% inflationary increase is applied to the most recent sale price for OAK LODGE of £700,000 on 10th July 2015. For the value to have increased from £700,000 to £1,014,860 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of OAK LODGE has moved in line with the HPI for detached houses in the Rochford local authority area.
• The July 2015 sale price of £700,000 represented a fair market value for the property.
• The size, condition, and specification of OAK LODGE has not materially changed since July 2015.

How Large is OAK LODGE?

OAK LODGE is 216m², which includes one extension, according to the EPC inspection conducted in January 2012. This puts it in the largest 10% of detached houses houses in Hullbridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hullbridge, and where OAK LODGE lies on this distribution: 96% of detached houses houses are smaller than OAK LODGE, and 4% of houses are larger. Note that EPC data is not available for all properties in Hullbridge.

OAK LODGE: Plot and Title Map

OAK LODGE sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of OAK LODGE, 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 OAK LODGE). 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 OAK LODGE?

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