129, PICASSO WAY, SHOEBURYNESS, SOUTHEND-ON-SEA, SS3 9UY - £310,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

129 PICASSO WAY is a small extended semi-detached house of 106m², built sometime between 1976 and 1982. It was last sold for £310,000 in October 2018, which was around 41% below the average October 2018 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

129 PICASSO WAY Sold Prices

Land registry data shows three sales for 129 PICASSO WAY 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 129 PICASSO WAY 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
2018 31 OCT	£310,000	£522,729	41% below HPI
2007 16 NOV	£239,750	£335,400	29% below HPI
1996 12 SEP	£1,300	£91,315	99% below HPI

129 PICASSO WAY 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 129 PICASSO WAY sales between September 1996 and October 2018 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 November 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2018 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 129 PICASSO WAY?

129 PICASSO WAY is 106m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the smallest 30% of detached houses in Shoeburyness, based on EPC data. The below chart shows the distribution of detached houses by size in Shoeburyness, and where 129 PICASSO WAY lies on this distribution: 29% of detached houses are smaller than 129 PICASSO WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Shoeburyness.

129 PICASSO WAY: Plot and Title Map

129 PICASSO WAY sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 129 PICASSO WAY, 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 129 PICASSO WAY). 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 129 PICASSO WAY?

129 PICASSO WAY is located in SHOEBURYNESS, in the SS3 postcode district. The below map shows the position of No. 129 on PICASSO WAY.