18, WATSON CLOSE, SHOEBURYNESS, SOUTHEND-ON-SEA, SS3 9PQ - £280,000

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

18 WATSON CLOSE is a very small detached house of 72m², built sometime between 1950 and 1966. It was last sold for £280,000 in January 2016, which was around 34% below the average January 2016 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was B.

18 WATSON CLOSE Sold Prices

Land registry data shows three sales for 18 WATSON 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 18 WATSON 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
2016 29 JAN	£280,000	£426,534	34% below HPI
2009 19 JUN	£165,000	£275,446	40% below HPI
1998 23 MAR	£70,500	£111,345	37% below HPI

18 WATSON 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 18 WATSON CLOSE sales between March 1998 and January 2016 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 2009 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the January 2016 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 18 WATSON CLOSE?

18 WATSON CLOSE is 72m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 10% of detached houses in Shoeburyness, based on EPC data. The below chart shows the distribution of detached houses by size in Shoeburyness, and where 18 WATSON CLOSE lies on this distribution: 5% of detached houses are smaller than 18 WATSON CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Shoeburyness.

18 WATSON CLOSE: Plot and Title Map

18 WATSON CLOSE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 18 WATSON 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 18 WATSON 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 18 WATSON CLOSE?

18 WATSON CLOSE is located in SHOEBURYNESS, in the SS3 postcode district. The below map shows the position of No. 18 on WATSON CLOSE.