7, WALLACE CLOSE, HULLBRIDGE, HOCKLEY, SS5 6NE - £260,000

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.

7 WALLACE CLOSE is a very large terraced house of 107m², built sometime between 1967 and 1975, which could now be worth an estimated £313,910. It was last sold for £260,000 in June 2017, which was around 7% below the average June 2017 terraced price in the Rochford local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

7 WALLACE CLOSE Sold Prices

Land registry data shows one sale for 7 WALLACE CLOSE 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
2017 16 JUN	£260,000	£279,391	7% below HPI

What might 7 WALLACE CLOSE be worth now?

7 WALLACE CLOSE might now be worth an estimated £313,910.

This is based on house price inflation of 20.7%, between June 2017 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 20.7% inflationary increase is applied to the most recent sale price for 7 WALLACE CLOSE of £260,000 on 16th June 2017. For the value to have increased from £260,000 to £313,910 over the nine years and one month to May 2026, the following assumptions must hold true:

• The value of 7 WALLACE CLOSE has moved in line with the HPI for terraced houses in the Rochford local authority area.
• The June 2017 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 7 WALLACE CLOSE has not materially changed since June 2017.

How Large is 7 WALLACE CLOSE?

7 WALLACE CLOSE is 107m² according to the EPC inspection conducted in March 2017. This puts it in the largest 20% of terraced houses in Hullbridge, based on EPC data. The below chart shows the distribution of terraced houses by size in Hullbridge, and where 7 WALLACE CLOSE lies on this distribution: 85% of terraced houses are smaller than 7 WALLACE CLOSE, and 13% of terraced houses are larger. Note that EPC data is not available for all properties in Hullbridge.

7 WALLACE CLOSE: Plot

7 WALLACE CLOSE sits on a plot of roughly 0.033 of an acre, or 135m².

Where is 7 WALLACE CLOSE?

7 WALLACE CLOSE is located in HULLBRIDGE, in the SS5 postcode district.