20, GATEHOPE DRIVE, SOUTH OCKENDON, RM15 5HS - £350,000

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.

20 GATEHOPE DRIVE is a midsized extended terraced house of 109m², built sometime between 1950 and 1966, which could now be worth an estimated £494,664. It was last sold for £350,000 in December 2015, which was around 55% above the average December 2015 terraced price in the Thurrock local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

20 GATEHOPE DRIVE Sold Prices

Land registry data shows two sales for 20 GATEHOPE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Thurrock local authority area for the corresponding sale date. Both of the two 20 GATEHOPE DRIVE 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 11 DEC	£350,000	£225,759	55% above HPI
2007 31 AUG	£220,000	£172,675	27% above HPI

20 GATEHOPE DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Thurrock local authority area over time, sourced from the HPI. The two 20 GATEHOPE DRIVE sales from August 2007 and December 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 August 2007 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the December 2015 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might 20 GATEHOPE DRIVE be worth now?

20 GATEHOPE DRIVE might now be worth an estimated £494,664.

This is based on house price inflation of 41.3%, between December 2015 and June 2025, for terraced houses, in the Thurrock local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.3% inflationary increase is applied to the most recent sale price for 20 GATEHOPE DRIVE of £350,000 on 11th December 2015. For the value to have increased from £350,000 to £494,664 over the ten years and six months to June 2025, the following assumptions must hold true:

• The value of 20 GATEHOPE DRIVE has moved in line with the HPI for terraced houses in the Thurrock local authority area.
• The December 2015 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 20 GATEHOPE DRIVE has not materially changed since December 2015.

How Large is 20 GATEHOPE DRIVE?

20 GATEHOPE DRIVE is 109m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the largest 50% of terraced houses houses in South Ockendon, based on EPC data. The below chart shows the distribution of terraced houses houses by size in South Ockendon, and where 20 GATEHOPE DRIVE lies on this distribution: 54% of terraced houses houses are smaller than 20 GATEHOPE DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in South Ockendon.

20 GATEHOPE DRIVE: Plot and Title Map

20 GATEHOPE DRIVE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 20 GATEHOPE 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 20 GATEHOPE 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 20 GATEHOPE DRIVE?

20 GATEHOPE DRIVE is located in SOUTH OCKENDON, in the RM15 postcode district. The below map shows the position of No. 20 on GATEHOPE DRIVE.