STEPPING STONES, BETTS LANE, HOCKLEY, SS5 4RD - £435,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

STEPPING STONES is a very small detached house of 91m², built sometime between 2003 and 2006, which could now be worth an estimated £531,124. It was last sold for £435,000 in December 2016, which was around 14% below the average December 2016 detached price in the Rochford local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

STEPPING STONES Sold Prices

Land registry data shows two sales for STEPPING STONES 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. One of the two STEPPING STONES sales was for below the average price, whilst the other was roughly equal to 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
2016 5 DEC	£435,000	£506,123	14% below HPI
2011 9 NOV	£330,000	£330,751	Close to HPI

STEPPING STONES 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 STEPPING STONES sales from November 2011 and December 2016 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 November 2011 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2016 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might STEPPING STONES be worth now?

STEPPING STONES might now be worth an estimated £531,124.

This is based on house price inflation of 22.1%, between December 2016 and December 2024, 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 22.1% inflationary increase is applied to the most recent sale price for STEPPING STONES of £435,000 on 5th December 2016. For the value to have increased from £435,000 to £531,124 over the eight years to December 2024, the following assumptions must hold true:

• The value of STEPPING STONES has moved in line with the HPI for detached houses in the Rochford local authority area.
• The December 2016 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of STEPPING STONES has not materially changed since December 2016.

How Large is STEPPING STONES?

STEPPING STONES is 91m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 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 STEPPING STONES lies on this distribution: 13% of detached houses houses are smaller than STEPPING STONES, and 86% of houses are larger. Note that EPC data is not available for all properties in Hockley.

STEPPING STONES: Plot and Title Map

STEPPING STONES sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of STEPPING STONES, 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 STEPPING STONES). 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 STEPPING STONES?

STEPPING STONES is located on BETTS LANE in HOCKLEY, in the SS5 postcode district. The below map shows the position of STEPPING STONES on BETTS LANE.