16, MARINE CLOSE, LEIGH-ON-SEA, SS9 2RD - £745,000

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

16 MARINE CLOSE is a very large extended detached house of 203m², built sometime between 1930 and 1949. It was last sold for £745,000 in August 2018, which was around 43% above the average August 2018 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

16 MARINE CLOSE Sold Prices

Land registry data shows three sales for 16 MARINE CLOSE 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 16 MARINE CLOSE 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
2018 31 AUG	£745,000	£522,370	43% above HPI
2015 28 SEP	£480,000	£413,717	16% above HPI
2002 11 DEC	£280,000	£238,949	17% above HPI

16 MARINE 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 three 16 MARINE CLOSE sales between December 2002 and August 2018 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 September 2015 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the August 2018 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is 16 MARINE CLOSE?

16 MARINE CLOSE is 203m², which includes two extensions, according to the EPC inspection conducted in January 2017. This puts it in the largest 20% 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 16 MARINE CLOSE lies on this distribution: 89% of detached houses are smaller than 16 MARINE CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

16 MARINE CLOSE: Plot and Title Map

16 MARINE CLOSE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 16 MARINE 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 16 MARINE 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 16 MARINE CLOSE?

16 MARINE CLOSE is located in LEIGH-ON-SEA, in the SS9 postcode district. The below map shows the position of No. 16 on MARINE CLOSE.