3, GATSCOMBE CLOSE, HOCKLEY, SS5 4XA - £215,000

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.

3 GATSCOMBE CLOSE is a small detached house of 112m², built sometime between 1967 and 1975, which could now be worth an estimated £600,679. It was last sold for £215,000 in July 2002, which was around 6% below the average July 2002 detached price in the Rochford local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

3 GATSCOMBE CLOSE Sold Prices

Land registry data shows three sales for 3 GATSCOMBE CLOSE 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 3 GATSCOMBE CLOSE 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
2002 15 JUL	£215,000	£227,873	6% below HPI
2000 25 MAY	£128,000	£157,788	19% below HPI
1998 19 FEB	£106,000	£123,019	14% below HPI

3 GATSCOMBE CLOSE 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 3 GATSCOMBE CLOSE sales between February 1998 and July 2002 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 May 2000 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2002 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 3 GATSCOMBE CLOSE be worth now?

3 GATSCOMBE CLOSE might now be worth an estimated £600,679.

This is based on house price inflation of 179.4%, between July 2002 and May 2026, 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 179.4% inflationary increase is applied to the most recent sale price for 3 GATSCOMBE CLOSE of £215,000 on 15th July 2002. For the value to have increased from £215,000 to £600,679 over the 24 years and two months to May 2026, the following assumptions must hold true:

• The value of 3 GATSCOMBE CLOSE has moved in line with the HPI for detached houses in the Rochford local authority area.
• The July 2002 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 3 GATSCOMBE CLOSE has not materially changed since July 2002.

How Large is 3 GATSCOMBE CLOSE?

3 GATSCOMBE CLOSE is 112m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 30% 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 3 GATSCOMBE CLOSE lies on this distribution: 29% of detached houses houses are smaller than 3 GATSCOMBE CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Hockley.

3 GATSCOMBE CLOSE: Plot and Title Map

3 GATSCOMBE CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 3 GATSCOMBE CLOSE, 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 3 GATSCOMBE CLOSE). 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 3 GATSCOMBE CLOSE?

3 GATSCOMBE CLOSE is located in HOCKLEY, in the SS5 postcode district. The below map shows the position of No. 3 on GATSCOMBE CLOSE.