16, MARCUS CHASE, SOUTHEND-ON-SEA, SS1 3LG - £565,000

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

16 MARCUS CHASE is a small semi-detached house of 107m², built sometime between 1983 and 1990, which could now be worth an estimated £687,761. It was last sold for £565,000 in November 2017, which was around 66% above the average November 2017 semi-detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

16 MARCUS CHASE Sold Prices

Land registry data shows three sales for 16 MARCUS CHASE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Southend-on-Sea local authority area for the corresponding sale date. All of the three 16 MARCUS CHASE sales were for above 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
2017 14 NOV	£565,000	£339,733	66% above HPI
2011 10 JUN	£340,000	£213,139	60% above HPI
1996 20 DEC	£86,000	£60,522	42% above HPI

16 MARCUS CHASE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Southend-on-Sea local authority area over time, sourced from the HPI. The three 16 MARCUS CHASE sales between December 1996 and November 2017 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 June 2011 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the November 2017 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might 16 MARCUS CHASE be worth now?

16 MARCUS CHASE might now be worth an estimated £687,761.

This is based on house price inflation of 21.7%, between November 2017 and December 2024, for semi-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 21.7% inflationary increase is applied to the most recent sale price for 16 MARCUS CHASE of £565,000 on 14th November 2017. For the value to have increased from £565,000 to £687,761 over the six years and eleven months to December 2024, the following assumptions must hold true:

• The value of 16 MARCUS CHASE has moved in line with the HPI for semi-detached houses in the Southend-on-Sea local authority area.
• The November 2017 sale price of £565,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MARCUS CHASE has not materially changed since November 2017.

How Large is 16 MARCUS CHASE?

16 MARCUS CHASE is 107m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 40% of semi-detached houses houses in Southend-on-Sea, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Southend-on-Sea, and where 16 MARCUS CHASE lies on this distribution: 38% of semi-detached houses houses are smaller than 16 MARCUS CHASE, and 62% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

16 MARCUS CHASE: Plot and Title Map

16 MARCUS CHASE sits on a plot of roughly 0.254 of an acre, or 1,029m². The below map shows the location of 16 MARCUS CHASE, 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 16 MARCUS CHASE). 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 16 MARCUS CHASE?

16 MARCUS CHASE is located in SOUTHEND-ON-SEA, in the SS1 postcode district. The below map shows the position of No. 16 on MARCUS CHASE.