WEDGWOOD, MOUNT BOVERS LANE, HOCKLEY, SS5 4JA - £506,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

WEDGWOOD is a large extended detached house of 172m², built sometime between 1950 and 1966. It was last sold for £506,000 in July 2022, which was around 10% below the average July 2022 detached price in the Rochford local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

WEDGWOOD Sold Prices

Land registry data shows three sales for WEDGWOOD 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. One of the three WEDGWOOD sales was for below the average price, whilst two 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
2022 21 JUL	£506,000	£563,787	10% below HPI
2007 27 JUL	£347,000	£327,802	6% above HPI
1999 24 MAY	£132,500	£121,326	9% above HPI

WEDGWOOD 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 WEDGWOOD sales between May 1999 and July 2022 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 July 2007 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the July 2022 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is WEDGWOOD?

WEDGWOOD is 172m², which includes four extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 30% of detached houses in Hawkwell, based on EPC data. The below chart shows the distribution of detached houses by size in Hawkwell, and where WEDGWOOD lies on this distribution: 74% of detached houses are smaller than WEDGWOOD, and 25% of houses are larger. Note that EPC data is not available for all properties in Hawkwell.

WEDGWOOD: Plot and Title Map

WEDGWOOD sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of WEDGWOOD, 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 WEDGWOOD). 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 WEDGWOOD?

WEDGWOOD is located on MOUNT BOVERS LANE in HOCKLEY, in the SS5 postcode district. The below map shows the position of WEDGWOOD on MOUNT BOVERS LANE.