Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
14 PRESTON ROAD is a very large extended detached house of 208m², built sometime between 1930 and 1949. It was last sold for £825,000 in July 2022, which was around 34% above the average July 2022 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 14 PRESTON ROAD since 1st 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 14 PRESTON ROAD sales were 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 |
---|---|---|---|
2022 20 JUL | £825,000 | £614,647 | 34% above HPI |
2009 10 JUL | £297,500 | £280,468 | 6% above HPI |
2008 27 MAR | £375,000 | £330,339 | 14% above 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 three 14 PRESTON ROAD sales between March 2008 and July 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 July 2009 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the July 2022 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.
14 PRESTON ROAD is 208m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 20% 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 14 PRESTON ROAD lies on this distribution: 90% of detached houses are smaller than 14 PRESTON ROAD, and 10% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.
14 PRESTON ROAD sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 14 PRESTON 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 14 PRESTON 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.
14 PRESTON ROAD is located in WESTCLIFF-ON-SEA, in the SS0 postcode district. The below map shows the position of No. 14 on PRESTON ROAD.