2, SEA REACH, LEIGH-ON-SEA, SS9 1BL - £1,025,000

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

2 SEA REACH is a very large detached house of 174m², built sometime between 1967 and 1975. It was last sold for £1,025,000 in December 2023, which was around 65% above the average December 2023 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

2 SEA REACH Sold Prices

Land registry data shows three sales for 2 SEA REACH 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 SEA REACH 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
2023 19 DEC	£1,025,000	£619,625	65% above HPI
2007 9 NOV	£799,950	£335,400	139% above HPI
2003 4 APR	£479,999	£245,278	96% above HPI

2 SEA REACH 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 SEA REACH sales between April 2003 and December 2023 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 November 2007 sale was for 139% above the HPI. So the extrapolation line tracks at 139% above the HPI over time, until the December 2023 sale, where it falls to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is 2 SEA REACH?

2 SEA REACH is 174m² according to the EPC inspection conducted in December 2016. 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 2 SEA REACH lies on this distribution: 81% of detached houses are smaller than 2 SEA REACH, and 19% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

2 SEA REACH: Plot and Title Map

2 SEA REACH sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 2 SEA REACH, 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 SEA REACH). 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 SEA REACH?

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