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

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 PARK TERRACE is a large extended detached house of 149m², built sometime between 1900 and 1929, which could now be worth an estimated £526,246. It was last sold for £450,000 in April 2019, which was around 16% 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	£534,136	16% below HPI
1999 7 JUL	£133,000	£131,525	1% above HPI
1997 30 SEP	£84,000	£111,071	24% 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 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the April 2019 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 28 PARK TERRACE be worth now?

28 PARK TERRACE might now be worth an estimated £526,246.

This is based on house price inflation of 16.9%, between April 2019 and February 2025, 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 16.9% inflationary increase is applied to the most recent sale price for 28 PARK TERRACE of £450,000 on 9th April 2019. For the value to have increased from £450,000 to £526,246 over the six years and two months to February 2025, the following assumptions must hold true:

• The value of 28 PARK TERRACE has moved in line with the HPI for detached houses in the Southend-on-Sea local authority area.
• The April 2019 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 28 PARK TERRACE has not materially changed since April 2019.

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 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 28 PARK TERRACE lies on this distribution: 69% of detached houses 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.