40, SPA ROAD, HOCKLEY, SS5 4PH - £425,000

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.

40 SPA ROAD is a terraced house, which could now be worth an estimated £838,677. It was last sold for £425,000 in May 2005, which was around 149% above the average May 2005 terraced price in the Rochford local authority area.

40 SPA ROAD Sold Prices

Land registry data shows one sale for 40 SPA ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Rochford local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2005 12 MAY	£425,000	£170,938	149% above HPI

What might 40 SPA ROAD be worth now?

40 SPA ROAD might now be worth an estimated £838,677.

This is based on house price inflation of 97.3%, between May 2005 and May 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 97.3% inflationary increase is applied to the most recent sale price for 40 SPA ROAD of £425,000 on 12th May 2005. For the value to have increased from £425,000 to £838,677 over the 21 years to May 2026, the following assumptions must hold true:

• The value of 40 SPA ROAD has moved in line with the HPI for terraced houses in the Rochford local authority area.
• The May 2005 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 40 SPA ROAD has not materially changed since May 2005.

Where is 40 SPA ROAD?

40 SPA ROAD is located in HOCKLEY, in the SS5 postcode district.