40, GREAT EASTERN ROAD, HOCKLEY, SS5 4BX - £289,995

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.

40 GREAT EASTERN ROAD is a very small semi-detached house of 77m², built sometime between 1900 and 1929, which could now be worth an estimated £384,097. It was last sold for £289,995 in April 2016, which was around 1% above the average April 2016 semi-detached price in the Rochford local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

40 GREAT EASTERN ROAD Sold Prices

Land registry data shows two sales for 40 GREAT EASTERN ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Rochford local authority area for the corresponding sale date. One of the two 40 GREAT EASTERN ROAD sales was for above the average price, whilst the other was 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
2016 22 APR	£289,995	£287,344	1% above HPI
2013 29 NOV	£190,000	£218,975	13% below HPI

40 GREAT EASTERN ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Rochford local authority area over time, sourced from the HPI. The two 40 GREAT EASTERN ROAD sales from November 2013 and April 2016 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 2013 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2016 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 40 GREAT EASTERN ROAD be worth now?

40 GREAT EASTERN ROAD might now be worth an estimated £384,097.

This is based on house price inflation of 32.4%, between April 2016 and April 2026, for semi-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 32.4% inflationary increase is applied to the most recent sale price for 40 GREAT EASTERN ROAD of £289,995 on 22nd April 2016. For the value to have increased from £289,995 to £384,097 over the ten years to April 2026, the following assumptions must hold true:

• The value of 40 GREAT EASTERN ROAD has moved in line with the HPI for semi-detached houses in the Rochford local authority area.
• The April 2016 sale price of £289,995 represented a fair market value for the property.
• The size, condition, and specification of 40 GREAT EASTERN ROAD has not materially changed since April 2016.

How Large is 40 GREAT EASTERN ROAD?

40 GREAT EASTERN ROAD is 77m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 10% of semi-detached houses houses in Hockley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hockley, and where 40 GREAT EASTERN ROAD lies on this distribution: 6% of semi-detached houses houses are smaller than 40 GREAT EASTERN ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Hockley.

40 GREAT EASTERN ROAD: Plot and Title Map

40 GREAT EASTERN ROAD sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 40 GREAT EASTERN ROAD, 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 40 GREAT EASTERN ROAD). 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 40 GREAT EASTERN ROAD?

40 GREAT EASTERN ROAD is located in HOCKLEY, in the SS5 postcode district. The below map shows the position of No. 40 on GREAT EASTERN ROAD.