148, OLIVE AVENUE, LEIGH-ON-SEA, SS9 3QE - £320,000

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

148 OLIVE AVENUE is a very small detached house of 79m², built sometime between 1950 and 1966. It was last sold for £320,000 in May 2014, which was around 8% below the average May 2014 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

148 OLIVE AVENUE Sold Prices

Land registry data shows three sales for 148 OLIVE AVENUE 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 148 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
2014 2 MAY	£320,000	£347,424	8% below HPI
2002 2 AUG	£188,000	£219,326	14% below HPI
2001 9 NOV	£125,000	£181,755	31% below HPI

148 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 three 148 OLIVE AVENUE sales between November 2001 and May 2014 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 2002 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2014 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 148 OLIVE AVENUE?

148 OLIVE AVENUE is 79m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 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 148 OLIVE AVENUE lies on this distribution: 13% of detached houses are smaller than 148 OLIVE AVENUE, and 86% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

148 OLIVE AVENUE: Plot and Title Map

148 OLIVE AVENUE sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 148 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 148 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 148 OLIVE AVENUE?

148 OLIVE AVENUE is located in LEIGH-ON-SEA, in the SS9 postcode district. The below map shows the position of No. 148 on OLIVE AVENUE.