Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
131 WESTERN ROAD is a very large extended detached house of 226m², built sometime between 1930 and 1949. It was last sold for £1,250,000 in December 2022, which was around 93% above the average December 2022 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was November 2017, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows five sales for 131 WESTERN ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Southend-on-Sea local authority area for the corresponding sale date. Most of the five 131 WESTERN ROAD 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 20 DEC | £1,250,000 | £646,988 | 93% above HPI |
2018 6 APR | £840,000 | £508,255 | 65% above HPI |
2010 11 JUN | £186,000 | £313,058 | 41% below HPI |
2000 10 JUL | £88,000 | £151,224 | 42% below HPI |
1996 4 OCT | £58,500 | £93,164 | 37% below HPI |
The below graph shows the average detached house price in the Southend-on-Sea local authority area over time, sourced from the HPI. The five 131 WESTERN ROAD sales between October 1996 and December 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 April 2018 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the December 2022 sale, where it rises to 93% above the HPI. The line then continues to track at 93% above the HPI.
131 WESTERN ROAD is 226m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the largest 10% of detached houses in Southend-on-Sea, based on EPC data. The below chart shows the distribution of detached houses by size in Southend-on-Sea, and where 131 WESTERN ROAD lies on this distribution: 93% of detached houses are smaller than 131 WESTERN ROAD, and 7% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.
131 WESTERN ROAD sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 131 WESTERN ROAD, 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 131 WESTERN ROAD). 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.
131 WESTERN ROAD is located in LEIGH-ON-SEA, in the SS9 postcode district. The below map shows the position of No. 131 on WESTERN ROAD.