1, STROMNESS PLACE, SOUTHEND-ON-SEA, SS2 4JH - £332,500

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 STROMNESS PLACE is a very small detached house of 82m², built sometime between 1900 and 1929, which could now be worth an estimated £321,534. It was last sold for £332,500 in September 2022, which was around 48% below the average September 2022 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was B.

1 STROMNESS PLACE Sold Prices

Land registry data shows three sales for 1 STROMNESS PLACE 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 STROMNESS PLACE 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
2022 30 SEP	£332,500	£640,421	48% below HPI
2019 31 OCT	£270,000	£543,809	50% below HPI
2001 18 MAY	£75,000	£169,075	56% below HPI

1 STROMNESS PLACE 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 STROMNESS PLACE sales between May 2001 and September 2022 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 October 2019 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the September 2022 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 1 STROMNESS PLACE be worth now?

1 STROMNESS PLACE might now be worth an estimated £321,534.

This is based on house price deflation of 3.3%, between September 2022 and December 2024, 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 3.3% deflationary decrease is applied to the most recent sale price for 1 STROMNESS PLACE of £332,500 on 30th September 2022. For the value to have decreased from £332,500 to £321,534 over the one year and nine months to December 2024, the following assumptions must hold true:

• The value of 1 STROMNESS PLACE has moved in line with the HPI for detached houses in the Southend-on-Sea local authority area.
• The September 2022 sale price of £332,500 represented a fair market value for the property.
• The size, condition, and specification of 1 STROMNESS PLACE has not materially changed since September 2022.

How Large is 1 STROMNESS PLACE?

1 STROMNESS PLACE is 82m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% of detached houses houses in Southend-on-Sea, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southend-on-Sea, and where 1 STROMNESS PLACE lies on this distribution: 16% of detached houses houses are smaller than 1 STROMNESS PLACE, and 84% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

1 STROMNESS PLACE: Plot and Title Map

1 STROMNESS PLACE sits on a plot of roughly 0.025 of an acre, or 103m². The below map shows the location of 1 STROMNESS PLACE, 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 STROMNESS PLACE). 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 STROMNESS PLACE?

1 STROMNESS PLACE is located in SOUTHEND-ON-SEA, in the SS2 postcode district. The below map shows the position of No. 1 on STROMNESS PLACE.