1, THE DRIVE, HULLBRIDGE, HOCKLEY, SS5 6LZ - £265,755

1 THE DRIVE is a midsized extended detached house of 118m², built sometime between 1967 and 1975. It was last sold for £265,755 in March 2021, which was around 51% below the average March 2021 detached price in the Rochford local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

1 THE DRIVE Sold Prices

Land registry data shows three sales for 1 THE DRIVE 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 1 THE DRIVE sales were 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
2021 12 MAR	£265,755	£544,226	51% below HPI
2001 30 NOV	£144,000	£192,830	25% below HPI
1996 27 SEP	£76,000	£96,873	22% below HPI

1 THE DRIVE 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 1 THE DRIVE sales between September 1996 and March 2021 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 2001 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2021 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 1 THE DRIVE?

1 THE DRIVE is 118m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 50% of detached houses in Hullbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Hullbridge, and where 1 THE DRIVE lies on this distribution: 48% of detached houses are smaller than 1 THE DRIVE, and 51% of houses are larger. Note that EPC data is not available for all properties in Hullbridge.

1 THE DRIVE: Plot and Title Map

1 THE DRIVE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 1 THE DRIVE, 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 1 THE DRIVE). 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 1 THE DRIVE?

1 THE DRIVE is located in HULLBRIDGE, in the SS5 postcode district. The below map shows the position of No. 1 on THE DRIVE.