141, OLIVE AVENUE, LEIGH-ON-SEA, SS9 3PX - £540,000

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

141 OLIVE AVENUE is a midsized extended detached house of 115m², built sometime between 1950 and 1966. It was last sold for £540,000 in September 2020, which was about the average September 2020 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was September 2016, where the current energy rating was E, and the potential energy rating was C.

141 OLIVE AVENUE Sold Prices

Land registry data shows two sales for 141 OLIVE AVENUE 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 141 OLIVE AVENUE sales was roughly equal to the average price, whilst the other was 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
2020 29 SEP	£540,000	£539,893	Close to HPI
2007 20 AUG	£230,000	£326,108	29% below HPI

141 OLIVE AVENUE 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 141 OLIVE AVENUE sales from August 2007 and September 2020 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 August 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2020 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 141 OLIVE AVENUE?

141 OLIVE AVENUE is 115m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 50% 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 141 OLIVE AVENUE lies on this distribution: 45% of detached houses are smaller than 141 OLIVE AVENUE, and 54% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

141 OLIVE AVENUE: Plot and Title Map

141 OLIVE AVENUE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 141 OLIVE AVENUE, 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 141 OLIVE AVENUE). 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 141 OLIVE AVENUE?

141 OLIVE AVENUE is located in LEIGH-ON-SEA, in the SS9 postcode district. The below map shows the position of No. 141 on OLIVE AVENUE.