58, SPA ROAD, HOCKLEY, SS5 4AS - £325,000

58 SPA ROAD is a very small detached house of 66m², built sometime between 1950 and 1966. It was last sold for £325,000 in April 2022, which was around 42% below the average April 2022 detached price in the Rochford local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

58 SPA ROAD Sold Prices

Land registry data shows two sales for 58 SPA ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. Both of the two 58 SPA ROAD 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
2022 14 APR	£325,000	£557,705	42% below HPI
1998 20 MAR	£60,000	£114,186	47% below HPI

58 SPA ROAD 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 two 58 SPA ROAD sales from March 1998 and April 2022 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 March 1998 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the April 2022 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 58 SPA ROAD?

58 SPA ROAD is 66m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% of detached houses in Hockley, based on EPC data. The below chart shows the distribution of detached houses by size in Hockley, and where 58 SPA ROAD lies on this distribution: 2% of detached houses are smaller than 58 SPA ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Hockley.

58 SPA ROAD: Plot and Title Map

58 SPA ROAD sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 58 SPA 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 58 SPA 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 58 SPA ROAD?

58 SPA ROAD is located in HOCKLEY, in the SS5 postcode district. The below map shows the position of No. 58 on SPA ROAD.