1, LAMBOURN CLOSE, SHOEBURYNESS, SOUTHEND-ON-SEA, SS3 8TP - £445,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 LAMBOURN CLOSE is a large detached house of 153m², built sometime between 1991 and 1995, which could now be worth an estimated £444,413. It was last sold for £445,000 in August 2024, which was around 29% below the average August 2024 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

1 LAMBOURN CLOSE Sold Prices

Land registry data shows three sales for 1 LAMBOURN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Southend-on-Sea local authority area for the corresponding sale date. All of the three 1 LAMBOURN CLOSE 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
2024 29 AUG	£445,000	£625,463	29% below HPI
2015 31 JUL	£330,000	£410,405	20% below HPI
1997 30 SEP	£92,500	£111,071	17% below HPI

1 LAMBOURN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Southend-on-Sea local authority area over time, sourced from the HPI. The three 1 LAMBOURN CLOSE sales between September 1997 and August 2024 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 July 2015 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2024 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 1 LAMBOURN CLOSE be worth now?

1 LAMBOURN CLOSE might now be worth an estimated £444,413.

This is based on house price deflation of 0.1%, between August 2024 and February 2025, for detached houses, in the Southend-on-Sea local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.1% deflationary decrease is applied to the most recent sale price for 1 LAMBOURN CLOSE of £445,000 on 29th August 2024. For the value to have decreased from £445,000 to £444,413 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of 1 LAMBOURN CLOSE has moved in line with the HPI for detached houses in the Southend-on-Sea local authority area.
• The August 2024 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LAMBOURN CLOSE has not materially changed since August 2024.

How Large is 1 LAMBOURN CLOSE?

1 LAMBOURN CLOSE is 153m² according to the EPC inspection conducted in October 2023. This puts it in the largest 40% of detached houses houses in Shoeburyness, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shoeburyness, and where 1 LAMBOURN CLOSE lies on this distribution: 68% of detached houses houses are smaller than 1 LAMBOURN CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Shoeburyness.

1 LAMBOURN CLOSE: Plot and Title Map

1 LAMBOURN CLOSE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 1 LAMBOURN CLOSE, 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 1 LAMBOURN CLOSE). 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 1 LAMBOURN CLOSE?

1 LAMBOURN CLOSE is located in SHOEBURYNESS, in the SS3 postcode district. The below map shows the position of No. 1 on LAMBOURN CLOSE.