3, WALLACE CLOSE, HULLBRIDGE, HOCKLEY, SS5 6NE - £150,000

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 WALLACE CLOSE is a very small extended terraced house of 82m², built sometime between 1950 and 1966, which could now be worth an estimated £268,936. It was last sold for £150,000 in February 2012, which was around 19% below the average February 2012 terraced price in the Rochford local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

3 WALLACE CLOSE Sold Prices

Land registry data shows three sales for 3 WALLACE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Rochford local authority area for the corresponding sale date. All of the three 3 WALLACE 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
2012 3 FEB	£150,000	£185,249	19% below HPI
2002 6 AUG	£98,000	£116,271	16% below HPI
1998 26 JUN	£49,995	£63,492	21% below HPI

3 WALLACE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Rochford local authority area over time, sourced from the HPI. The three 3 WALLACE CLOSE sales between June 1998 and February 2012 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 2002 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2012 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 3 WALLACE CLOSE be worth now?

3 WALLACE CLOSE might now be worth an estimated £268,936.

This is based on house price inflation of 79.3%, between February 2012 and April 2026, for terraced 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 79.3% inflationary increase is applied to the most recent sale price for 3 WALLACE CLOSE of £150,000 on 3rd February 2012. For the value to have increased from £150,000 to £268,936 over the thirteen years and ten months to April 2026, the following assumptions must hold true:

• The value of 3 WALLACE CLOSE has moved in line with the HPI for terraced houses in the Rochford local authority area.
• The February 2012 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WALLACE CLOSE has not materially changed since February 2012.

How Large is 3 WALLACE CLOSE?

3 WALLACE CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the smallest 20% of terraced houses houses in Hullbridge, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hullbridge, and where 3 WALLACE CLOSE lies on this distribution: 16% of terraced houses houses are smaller than 3 WALLACE CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Hullbridge.

3 WALLACE CLOSE: Plot and Title Map

3 WALLACE CLOSE sits on a plot of roughly 0.026 of an acre, or 107m². The below map shows the location of 3 WALLACE 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 WALLACE 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 WALLACE CLOSE?

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