11, MERILIES CLOSE, WESTCLIFF-ON-SEA, SS0 0AE - £275,000

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.

11 MERILIES CLOSE is a very small detached house of 72m², built sometime between 1950 and 1966, which could now be worth an estimated £525,265. It was last sold for £275,000 in November 2012, which was around 16% below the average November 2012 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was D.

11 MERILIES CLOSE Sold Prices

Land registry data shows two sales for 11 MERILIES 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. One of the two 11 MERILIES CLOSE sales was for below the average price, whilst the other was for above 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
2012 2 NOV	£275,000	£327,026	16% below HPI
1997 26 JUN	£118,500	£104,724	13% above HPI

11 MERILIES 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 11 MERILIES CLOSE sales from June 1997 and November 2012 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 June 1997 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the November 2012 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 11 MERILIES CLOSE be worth now?

11 MERILIES CLOSE might now be worth an estimated £525,265.

This is based on house price inflation of 91%, between November 2012 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 91% inflationary increase is applied to the most recent sale price for 11 MERILIES CLOSE of £275,000 on 2nd November 2012. For the value to have increased from £275,000 to £525,265 over the thirteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 11 MERILIES CLOSE has moved in line with the HPI for detached houses in the Southend-on-Sea local authority area.
• The November 2012 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 11 MERILIES CLOSE has not materially changed since November 2012.

How Large is 11 MERILIES CLOSE?

11 MERILIES CLOSE is 72m² according to the EPC inspection conducted in April 2011. 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 11 MERILIES CLOSE lies on this distribution: 9% of detached houses houses are smaller than 11 MERILIES CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

11 MERILIES CLOSE: Plot and Title Map

11 MERILIES CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 11 MERILIES 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 11 MERILIES 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 11 MERILIES CLOSE?

11 MERILIES CLOSE is located in WESTCLIFF-ON-SEA, in the SS0 postcode district. The below map shows the position of No. 11 on MERILIES CLOSE.