28, PARK TERRACE, WESTCLIFF-ON-SEA, SS0 7PH - £450,000

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

28 PARK TERRACE is a large extended detached house of 149m², built sometime between 1900 and 1929. It was last sold for £450,000 in April 2019, which was around 14% below the average April 2019 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was C.

28 PARK TERRACE Sold Prices

Land registry data shows three sales for 28 PARK TERRACE 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. Two of the three 28 PARK TERRACE sales were for below the average price, whilst one was 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
2019 9 APR	£450,000	£520,935	14% below HPI
1999 7 JUL	£133,000	£128,274	4% above HPI
1997 30 SEP	£84,000	£108,326	22% below HPI

28 PARK TERRACE 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 28 PARK TERRACE sales between September 1997 and April 2019 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 1999 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the April 2019 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 28 PARK TERRACE?

28 PARK TERRACE is 149m², which includes three extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 40% 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 28 PARK TERRACE lies on this distribution: 69% of detached houses are smaller than 28 PARK TERRACE, and 31% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

28 PARK TERRACE: Plot and Title Map

28 PARK TERRACE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 28 PARK TERRACE, 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 PARK TERRACE). 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 PARK TERRACE?

28 PARK TERRACE is located in WESTCLIFF-ON-SEA, in the SS0 postcode district. The below map shows the position of No. 28 on PARK TERRACE.