10, SPRINGWATER CLOSE, LEIGH-ON-SEA, SS9 5BN - £365,000

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.

10 SPRINGWATER CLOSE is a very small detached house of 61m², built sometime between 1950 and 1966, which could now be worth an estimated £366,075. It was last sold for £365,000 in September 2024, which was around 41% below the average September 2024 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

10 SPRINGWATER CLOSE Sold Prices

Land registry data shows two sales for 10 SPRINGWATER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Southend-on-Sea local authority area for the corresponding sale date. Both of the two 10 SPRINGWATER 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 6 SEP	£365,000	£622,803	41% below HPI
2003 10 APR	£165,000	£251,494	34% below HPI

10 SPRINGWATER 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 two 10 SPRINGWATER CLOSE sales from April 2003 and September 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 April 2003 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2024 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 10 SPRINGWATER CLOSE be worth now?

10 SPRINGWATER CLOSE might now be worth an estimated £366,075.

This is based on house price inflation of 0.3%, between September 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 0.3% inflationary increase is applied to the most recent sale price for 10 SPRINGWATER CLOSE of £365,000 on 6th September 2024. For the value to have increased from £365,000 to £366,075 over the one year and seven months to February 2025, the following assumptions must hold true:

• The value of 10 SPRINGWATER CLOSE has moved in line with the HPI for detached houses in the Southend-on-Sea local authority area.
• The September 2024 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 10 SPRINGWATER CLOSE has not materially changed since September 2024.

How Large is 10 SPRINGWATER CLOSE?

10 SPRINGWATER CLOSE is 61m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% 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 10 SPRINGWATER CLOSE lies on this distribution: 3% of detached houses houses are smaller than 10 SPRINGWATER CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

10 SPRINGWATER CLOSE: Plot and Title Map

10 SPRINGWATER CLOSE sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 10 SPRINGWATER 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 10 SPRINGWATER 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 10 SPRINGWATER CLOSE?

10 SPRINGWATER CLOSE is located in LEIGH-ON-SEA, in the SS9 postcode district. The below map shows the position of No. 10 on SPRINGWATER CLOSE.