15, PADDOCK CLOSE, LEIGH-ON-SEA, SS9 5QP - £235,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 PADDOCK CLOSE is a midsized detached house of 117m², built sometime between 1967 and 1975, which could now be worth an estimated £446,605. It was last sold for £235,000 in March 2012, which was around 28% below the average March 2012 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

15 PADDOCK CLOSE Sold Prices

Land registry data shows two sales for 15 PADDOCK CLOSE 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. Both of the two 15 PADDOCK CLOSE 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
2012 26 MAR	£235,000	£325,870	28% below HPI
1999 2 JUL	£114,000	£131,525	13% below HPI

15 PADDOCK CLOSE 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 15 PADDOCK CLOSE sales from July 1999 and March 2012 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 1999 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2012 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 15 PADDOCK CLOSE be worth now?

15 PADDOCK CLOSE might now be worth an estimated £446,605.

This is based on house price inflation of 90%, between March 2012 and December 2024, for detached houses, in the Southend-on-Sea local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 90% inflationary increase is applied to the most recent sale price for 15 PADDOCK CLOSE of £235,000 on 26th March 2012. For the value to have increased from £235,000 to £446,605 over the eleven years and three months to December 2024, the following assumptions must hold true:

• The value of 15 PADDOCK CLOSE has moved in line with the HPI for detached houses in the Southend-on-Sea local authority area.
• The March 2012 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 15 PADDOCK CLOSE has not materially changed since March 2012.

How Large is 15 PADDOCK CLOSE?

15 PADDOCK CLOSE is 117m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 50% of detached houses houses in Southend-on-Sea, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southend-on-Sea, and where 15 PADDOCK CLOSE lies on this distribution: 47% of detached houses houses are smaller than 15 PADDOCK CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

15 PADDOCK CLOSE: Plot and Title Map

15 PADDOCK CLOSE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 15 PADDOCK CLOSE, 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 15 PADDOCK CLOSE). 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 15 PADDOCK CLOSE?

15 PADDOCK CLOSE is located in LEIGH-ON-SEA, in the SS9 postcode district. The below map shows the position of No. 15 on PADDOCK CLOSE.