28, MARINE CLOSE, LEIGH-ON-SEA, SS9 2RE - £674,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

28 MARINE CLOSE is a midsized semi-detached house of 131m², built sometime between 1930 and 1949, which could now be worth an estimated £751,151. It was last sold for £674,000 in February 2021, which was around 80% above the average February 2021 semi-detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

28 MARINE CLOSE Sold Prices

Land registry data shows three sales for 28 MARINE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Southend-on-Sea local authority area for the corresponding sale date. All of the three 28 MARINE 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 15 FEB	£674,000	£373,469	80% above HPI
1998 9 FEB	£140,000	£70,389	99% above HPI
1995 31 AUG	£110,000	£56,255	96% above HPI

28 MARINE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Southend-on-Sea local authority area over time, sourced from the HPI. The three 28 MARINE CLOSE sales between August 1995 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 1998 sale was for 99% above the HPI. So the extrapolation line tracks at 99% above the HPI over time, until the February 2021 sale, where it falls to 80% above the HPI. The line then continues to track at 80% above the HPI.

What might 28 MARINE CLOSE be worth now?

28 MARINE CLOSE might now be worth an estimated £751,151.

This is based on house price inflation of 11.4%, between February 2021 and February 2025, for semi-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 11.4% inflationary increase is applied to the most recent sale price for 28 MARINE CLOSE of £674,000 on 15th February 2021. For the value to have increased from £674,000 to £751,151 over the four years to February 2025, the following assumptions must hold true:

• The value of 28 MARINE CLOSE has moved in line with the HPI for semi-detached houses in the Southend-on-Sea local authority area.
• The February 2021 sale price of £674,000 represented a fair market value for the property.
• The size, condition, and specification of 28 MARINE CLOSE has not materially changed since February 2021.

How Large is 28 MARINE CLOSE?

28 MARINE CLOSE is 131m² according to the EPC inspection conducted in February 2020. This puts it in the largest 50% of semi-detached houses houses in Southend-on-Sea, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Southend-on-Sea, and where 28 MARINE CLOSE lies on this distribution: 57% of semi-detached houses houses are smaller than 28 MARINE CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

28 MARINE CLOSE: Plot and Title Map

28 MARINE CLOSE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 28 MARINE 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 28 MARINE 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 28 MARINE CLOSE?

28 MARINE CLOSE is located in LEIGH-ON-SEA, in the SS9 postcode district. The below map shows the position of No. 28 on MARINE CLOSE.