OAKLANDS, BULLWOOD APPROACH, HOCKLEY, SS5 4RR - £600,000

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.

OAKLANDS is a very large extended detached house of 226m², built sometime between 1950 and 1966, which could now be worth an estimated £1,120,595. It was last sold for £600,000 in October 2011, which was around 80% above the average October 2011 detached price in the Rochford local authority area. The most recent EPC inspection was June 2011, where the current energy rating was E, and the potential energy rating was D.

OAKLANDS Sold Prices

Land registry data shows two sales for OAKLANDS 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 OAKLANDS 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
2011 21 OCT	£600,000	£333,099	80% above HPI
1998 30 JAN	£330,000	£123,685	167% above HPI

OAKLANDS 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 OAKLANDS sales from January 1998 and October 2011 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 January 1998 sale was for 167% above the HPI. So the extrapolation line tracks at 167% above the HPI over time, until the October 2011 sale, where it falls to 80% above the HPI. The line then continues to track at 80% above the HPI.

What might OAKLANDS be worth now?

OAKLANDS might now be worth an estimated £1,120,595.

This is based on house price inflation of 86.8%, between October 2011 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 86.8% inflationary increase is applied to the most recent sale price for OAKLANDS of £600,000 on 21st October 2011. For the value to have increased from £600,000 to £1,120,595 over the fourteen years and eight months to February 2025, the following assumptions must hold true:

• The value of OAKLANDS has moved in line with the HPI for detached houses in the Rochford local authority area.
• The October 2011 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of OAKLANDS has not materially changed since October 2011.

How Large is OAKLANDS?

OAKLANDS is 226m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the largest 20% 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 OAKLANDS lies on this distribution: 89% of detached houses houses are smaller than OAKLANDS, and 11% of houses are larger. Note that EPC data is not available for all properties in Hockley.

OAKLANDS: Plot and Title Map

OAKLANDS sits on a plot of roughly 0.320 of an acre, or 1,296m². The below map shows the location of OAKLANDS, 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 OAKLANDS). 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 OAKLANDS?

OAKLANDS is located on BULLWOOD APPROACH in HOCKLEY, in the SS5 postcode district. The below map shows the position of OAKLANDS on BULLWOOD APPROACH.