PLOT 5, GLENCROFTS, HOCKLEY, SS5 4GN - £750,000

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.

PLOT is a detached house, which could now be worth an estimated £892,073. It was last sold for £750,000 in October 2017, which was around 40% above the average October 2017 detached price in the Rochford local authority area.

PLOT Sold Prices

Land registry data shows three sales for PLOT 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 PLOT sales 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
2017 12 OCT	£750,000	£535,251	40% above HPI
2007 11 OCT	£582,500	£367,005	59% above HPI
2004 23 JUL	£495,000	£300,669	65% above HPI

What might PLOT be worth now?

PLOT might now be worth an estimated £892,073.

This is based on house price inflation of 18.9%, between October 2017 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 18.9% inflationary increase is applied to the most recent sale price for PLOT of £750,000 on 12th October 2017. For the value to have increased from £750,000 to £892,073 over the nine years and five months to May 2026, the following assumptions must hold true:

• The value of PLOT has moved in line with the HPI for detached houses in the Rochford local authority area.
• The October 2017 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of PLOT has not materially changed since October 2017.