29, PARKWAY CLOSE, LEIGH-ON-SEA, SS9 5RL - £305,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

29 PARKWAY CLOSE is a midsized extended detached house of 126m², built sometime between 1983 and 1990, which could now be worth an estimated £593,033. It was last sold for £305,000 in May 2010, which was around 4% below the average May 2010 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

29 PARKWAY CLOSE Sold Prices

Land registry data shows three sales for 29 PARKWAY CLOSE 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 29 PARKWAY CLOSE 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
2010 14 MAY	£305,000	£318,509	4% below HPI
2003 20 NOV	£217,500	£266,662	18% below HPI
1998 19 JUN	£112,000	£114,333	2% below HPI

29 PARKWAY CLOSE 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 29 PARKWAY CLOSE sales between June 1998 and May 2010 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 2003 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2010 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 29 PARKWAY CLOSE be worth now?

29 PARKWAY CLOSE might now be worth an estimated £593,033.

This is based on house price inflation of 94.4%, between May 2010 and December 2024, 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 94.4% inflationary increase is applied to the most recent sale price for 29 PARKWAY CLOSE of £305,000 on 14th May 2010. For the value to have increased from £305,000 to £593,033 over the thirteen years and five months to December 2024, the following assumptions must hold true:

• The value of 29 PARKWAY CLOSE has moved in line with the HPI for detached houses in the Southend-on-Sea local authority area.
• The May 2010 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 29 PARKWAY CLOSE has not materially changed since May 2010.

How Large is 29 PARKWAY CLOSE?

29 PARKWAY CLOSE is 126m², which includes one extension, according to the EPC inspection conducted in July 2024. This puts it in the largest 50% 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 29 PARKWAY CLOSE lies on this distribution: 54% of detached houses houses are smaller than 29 PARKWAY CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

29 PARKWAY CLOSE: Plot and Title Map

29 PARKWAY CLOSE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 29 PARKWAY 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 29 PARKWAY 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 29 PARKWAY CLOSE?

29 PARKWAY CLOSE is located in LEIGH-ON-SEA, in the SS9 postcode district. The below map shows the position of No. 29 on PARKWAY CLOSE.