Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
157 OAKLEIGH PARK DRIVE is a midsized extended detached house of 114m², built sometime between 1967 and 1975. It was last sold for £500,000 in February 2021, which was around 10% below the average February 2021 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 157 OAKLEIGH PARK DRIVE since 1st 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 157 OAKLEIGH PARK DRIVE 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 23 FEB | £500,000 | £555,413 | 10% below HPI |
2007 26 JAN | £229,995 | £305,053 | 25% below HPI |
1999 10 DEC | £60,000 | £136,722 | 56% below HPI |
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 157 OAKLEIGH PARK DRIVE sales between December 1999 and February 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 January 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2021 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.
157 OAKLEIGH PARK DRIVE is 114m², which includes one extension, according to the EPC inspection conducted in December 2020. This puts it in the smallest 50% 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 157 OAKLEIGH PARK DRIVE lies on this distribution: 44% of detached houses are smaller than 157 OAKLEIGH PARK DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.
157 OAKLEIGH PARK DRIVE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 157 OAKLEIGH PARK DRIVE, 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 157 OAKLEIGH PARK DRIVE). 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.
157 OAKLEIGH PARK DRIVE is located in LEIGH-ON-SEA, in the SS9 postcode district. The below map shows the position of No. 157 on OAKLEIGH PARK DRIVE.