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
147 OLIVE AVENUE is a small detached house of 94m², built sometime between 1950 and 1966. It was last sold for £230,000 in May 2009, which was around 15% below the average May 2009 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was January 2009, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 147 OLIVE AVENUE 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 147 OLIVE AVENUE 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 |
---|---|---|---|
2009 26 MAY | £230,000 | £270,870 | 15% below HPI |
2003 11 AUG | £195,000 | £261,356 | 25% below HPI |
1999 3 SEP | £100,000 | £129,762 | 23% 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 three 147 OLIVE AVENUE sales between September 1999 and May 2009 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 2003 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2009 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.
147 OLIVE AVENUE is 94m² according to the EPC inspection conducted in January 2009. This puts it in the smallest 30% 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 147 OLIVE AVENUE lies on this distribution: 27% of detached houses are smaller than 147 OLIVE AVENUE, and 73% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.
147 OLIVE AVENUE sits on a plot of roughly 0.081 of an acre, or 330m². The below map shows the location of 147 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 147 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.
147 OLIVE AVENUE is located in LEIGH-ON-SEA, in the SS9 postcode district. The below map shows the position of No. 147 on OLIVE AVENUE.