9, SPINDLE BEAMS, ROCHFORD, SS4 1EH - £287,500

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.

9 SPINDLE BEAMS is a very small semi-detached house of 86m², built sometime between 1991 and 1995, which could now be worth an estimated £330,306. It was last sold for £287,500 in March 2019, which was around 15% below the average March 2019 semi-detached price in the Rochford local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

9 SPINDLE BEAMS Sold Prices

Land registry data shows four sales for 9 SPINDLE BEAMS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Rochford local authority area for the corresponding sale date. two of the four 9 SPINDLE BEAMS sales were for below the average price, and four 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
2019 14 MAR	£287,500	£337,787	15% below HPI
2014 5 SEP	£242,000	£239,007	1% above HPI
2008 25 JAN	£213,000	£232,969	9% below HPI
1997 11 AUG	£80,000	£66,828	20% above HPI

9 SPINDLE BEAMS 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 four 9 SPINDLE BEAMS sales between August 1997 and March 2019 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 September 2014 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2019 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 9 SPINDLE BEAMS be worth now?

9 SPINDLE BEAMS might now be worth an estimated £330,306.

This is based on house price inflation of 14.9%, between March 2019 and May 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 14.9% inflationary increase is applied to the most recent sale price for 9 SPINDLE BEAMS of £287,500 on 14th March 2019. For the value to have increased from £287,500 to £330,306 over the six years and ten months to May 2026, the following assumptions must hold true:

• The value of 9 SPINDLE BEAMS has moved in line with the HPI for semi-detached houses in the Rochford local authority area.
• The March 2019 sale price of £287,500 represented a fair market value for the property.
• The size, condition, and specification of 9 SPINDLE BEAMS has not materially changed since March 2019.

How Large is 9 SPINDLE BEAMS?

9 SPINDLE BEAMS is 86m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% of semi-detached houses houses in Rochford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Rochford, and where 9 SPINDLE BEAMS lies on this distribution: 15% of semi-detached houses houses are smaller than 9 SPINDLE BEAMS, and 85% of houses are larger. Note that EPC data is not available for all properties in Rochford.

9 SPINDLE BEAMS: Plot and Title Map

9 SPINDLE BEAMS sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 9 SPINDLE BEAMS, 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 9 SPINDLE BEAMS). 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 9 SPINDLE BEAMS?

9 SPINDLE BEAMS is located in ROCHFORD, in the SS4 postcode district. The below map shows the position of No. 9 on SPINDLE BEAMS.