15, RACKENFORD, SHOEBURYNESS, SOUTHEND-ON-SEA, SS3 8BE - £428,000

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 RACKENFORD is a midsized extended detached house of 121m², built sometime between 1983 and 1990, which could now be worth an estimated £557,231. It was last sold for £428,000 in October 2016, which was around 10% below the average October 2016 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

15 RACKENFORD Sold Prices

Land registry data shows three sales for 15 RACKENFORD 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 15 RACKENFORD 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
2016 4 OCT	£428,000	£475,673	10% below HPI
2013 31 MAY	£278,000	£331,623	16% below HPI
2006 23 MAY	£243,000	£304,807	20% below HPI

15 RACKENFORD 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 15 RACKENFORD sales between May 2006 and October 2016 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 May 2013 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2016 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 15 RACKENFORD be worth now?

15 RACKENFORD might now be worth an estimated £557,231.

This is based on house price inflation of 30.2%, between October 2016 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 30.2% inflationary increase is applied to the most recent sale price for 15 RACKENFORD of £428,000 on 4th October 2016. For the value to have increased from £428,000 to £557,231 over the seven years and ten months to December 2024, the following assumptions must hold true:

• The value of 15 RACKENFORD has moved in line with the HPI for detached houses in the Southend-on-Sea local authority area.
• The October 2016 sale price of £428,000 represented a fair market value for the property.
• The size, condition, and specification of 15 RACKENFORD has not materially changed since October 2016.

How Large is 15 RACKENFORD?

15 RACKENFORD is 121m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 50% of detached houses houses in Shoeburyness, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shoeburyness, and where 15 RACKENFORD lies on this distribution: 44% of detached houses houses are smaller than 15 RACKENFORD, and 55% of houses are larger. Note that EPC data is not available for all properties in Shoeburyness.

15 RACKENFORD: Plot and Title Map

15 RACKENFORD sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 15 RACKENFORD, 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 RACKENFORD). 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 RACKENFORD?

15 RACKENFORD is located in SHOEBURYNESS, in the SS3 postcode district. The below map shows the position of No. 15 on RACKENFORD.