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
253 ELM ROAD is a small extended detached house of 99m², built sometime between 1930 and 1949. It was last sold for £340,000 in July 2020, which was around 36% below the average July 2020 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was September 2019, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows four sales for 253 ELM ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Southend-on-Sea local authority area for the corresponding sale date. All of the four 253 ELM ROAD 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 |
---|---|---|---|
2020 31 JUL | £340,000 | £532,991 | 36% below HPI |
2017 29 AUG | £360,000 | £500,599 | 28% below HPI |
2015 9 FEB | £270,000 | £378,705 | 29% below HPI |
2007 15 JUN | £190,000 | £316,935 | 40% below HPI |
The below graph shows the average detached house price in the Southend-on-Sea local authority area over time, sourced from the HPI. The four 253 ELM ROAD sales between June 2007 and July 2020 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 August 2017 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2020 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.
253 ELM ROAD is 99m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 30% of detached houses in Shoeburyness, based on EPC data. The below chart shows the distribution of detached houses by size in Shoeburyness, and where 253 ELM ROAD lies on this distribution: 21% of detached houses are smaller than 253 ELM ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Shoeburyness.
253 ELM ROAD sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of 253 ELM ROAD, 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 253 ELM ROAD). 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.
253 ELM ROAD is located in SHOEBURYNESS, in the SS3 postcode district. The below map shows the position of No. 253 on ELM ROAD.