18B, THAMES DRIVE, LEIGH-ON-SEA, SS9 2XD - £120,000

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

18B THAMES DRIVE is a very small detached house of 44m², built sometime between 1930 and 1949. It was last sold for £120,000 in January 2008, which was around 64% below the average January 2008 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

18B THAMES DRIVE Sold Prices

Land registry data shows three sales for 18B THAMES DRIVE 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 18B THAMES 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
2008 28 JAN	£120,000	£332,857	64% below HPI
2005 14 JUL	£53,000	£290,975	82% below HPI
1998 4 DEC	£28,000	£118,260	76% below HPI

18B THAMES DRIVE 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 18B THAMES DRIVE sales between December 1998 and January 2008 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 July 2005 sale was for 82% below the HPI. So the extrapolation line tracks at 82% below the HPI over time, until the January 2008 sale, where it rises to 64% below the HPI. The line then continues to track at 64% below the HPI.

How Large is 18B THAMES DRIVE?

18B THAMES DRIVE is 44m² according to the EPC inspection conducted in February 2019. 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 18B THAMES DRIVE lies on this distribution: Less than 1% of detached houses are smaller than 18B THAMES DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

18B THAMES DRIVE: Plot and Title Map

18B THAMES DRIVE sits on a plot of roughly 0.029 of an acre, or 119m². The below map shows the location of 18B THAMES 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 18B THAMES 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.

Where is 18B THAMES DRIVE?

18B THAMES DRIVE is located in LEIGH-ON-SEA, in the SS9 postcode district. The below map shows the position of No. 18B on THAMES DRIVE.