15, SHEPARD CLOSE, LEIGH-ON-SEA, SS9 5YR - £400,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 SHEPARD CLOSE is a very small detached house of 82m², built sometime between 1976 and 1982, which could now be worth an estimated £430,144. It was last sold for £400,000 in September 2021, which was around 31% below the average September 2021 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was C.

15 SHEPARD CLOSE Sold Prices

Land registry data shows two sales for 15 SHEPARD 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 SHEPARD 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
2021 29 SEP	£400,000	£580,864	31% below HPI
2002 2 JUL	£150,995	£217,920	31% below HPI

15 SHEPARD 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 SHEPARD CLOSE sales from July 2002 and September 2021 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 2002 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2021 sale, which was also at 31% below the HPI.

What might 15 SHEPARD CLOSE be worth now?

15 SHEPARD CLOSE might now be worth an estimated £430,144.

This is based on house price inflation of 7.5%, between September 2021 and February 2025, 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 7.5% inflationary increase is applied to the most recent sale price for 15 SHEPARD CLOSE of £400,000 on 29th September 2021. For the value to have increased from £400,000 to £430,144 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 15 SHEPARD CLOSE has moved in line with the HPI for detached houses in the Southend-on-Sea local authority area.
• The September 2021 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SHEPARD CLOSE has not materially changed since September 2021.

How Large is 15 SHEPARD CLOSE?

15 SHEPARD CLOSE is 82m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 20% 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 SHEPARD CLOSE lies on this distribution: 16% of detached houses houses are smaller than 15 SHEPARD CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

15 SHEPARD CLOSE: Plot and Title Map

15 SHEPARD CLOSE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 15 SHEPARD 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 SHEPARD 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 SHEPARD CLOSE?

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