2, OAKVIEW CLOSE, LEIGH-ON-SEA, SS9 4JN - £590,000

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

2 OAKVIEW CLOSE is a large detached house of 140m², built sometime between 2003 and 2006, which could now be worth an estimated £641,605. It was last sold for £590,000 in February 2021, which was around 4% above the average February 2021 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was B.

2 OAKVIEW CLOSE Sold Prices

Land registry data shows three sales for 2 OAKVIEW 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 2 OAKVIEW 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
2021 18 FEB	£590,000	£569,488	4% above HPI
2018 2 FEB	£545,000	£526,329	4% above HPI
2006 28 JUL	£315,000	£307,431	2% above HPI

2 OAKVIEW 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 2 OAKVIEW CLOSE sales between July 2006 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 February 2018 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2021 sale, which was also at 4% above the HPI.

What might 2 OAKVIEW CLOSE be worth now?

2 OAKVIEW CLOSE might now be worth an estimated £641,605.

This is based on house price inflation of 8.7%, between February 2021 and December 2024, for 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 8.7% inflationary increase is applied to the most recent sale price for 2 OAKVIEW CLOSE of £590,000 on 18th February 2021. For the value to have increased from £590,000 to £641,605 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of 2 OAKVIEW CLOSE has moved in line with the HPI for detached houses in the Southend-on-Sea local authority area.
• The February 2021 sale price of £590,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OAKVIEW CLOSE has not materially changed since February 2021.

How Large is 2 OAKVIEW CLOSE?

2 OAKVIEW CLOSE is 140m² according to the EPC inspection conducted in November 2017. This puts it in the largest 40% of detached houses houses in Southend-on-Sea, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southend-on-Sea, and where 2 OAKVIEW CLOSE lies on this distribution: 64% of detached houses houses are smaller than 2 OAKVIEW CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

2 OAKVIEW CLOSE: Plot and Title Map

2 OAKVIEW CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 2 OAKVIEW 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 2 OAKVIEW 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 2 OAKVIEW CLOSE?

2 OAKVIEW CLOSE is located in LEIGH-ON-SEA, in the SS9 postcode district. The below map shows the position of No. 2 on OAKVIEW CLOSE.