1562, LONDON ROAD, LEIGH-ON-SEA, SS9 2QW - £335,000

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

1562 LONDON ROAD is a very small extended detached house of 63m², built sometime between 1950 and 1966. It was last sold for £335,000 in March 2019, which was around 36% below the average March 2019 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

1562 LONDON ROAD Sold Prices

Land registry data shows three sales for 1562 LONDON ROAD 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 1562 LONDON ROAD 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
2019 25 MAR	£335,000	£521,361	36% below HPI
2001 3 JAN	£109,500	£160,711	32% below HPI
1998 20 OCT	£55,000	£117,850	53% below HPI

1562 LONDON ROAD 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 1562 LONDON ROAD sales between October 1998 and March 2019 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 January 2001 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2019 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 1562 LONDON ROAD?

1562 LONDON ROAD is 63m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% 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 1562 LONDON ROAD lies on this distribution: 4% of detached houses are smaller than 1562 LONDON ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

1562 LONDON ROAD: Plot and Title Map

1562 LONDON ROAD sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 1562 LONDON ROAD, 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 1562 LONDON ROAD). 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 1562 LONDON ROAD?

1562 LONDON ROAD is located in LEIGH-ON-SEA, in the SS9 postcode district. The below map shows the position of No. 1562 on LONDON ROAD.