3, MARINE CLOSE, LEIGH-ON-SEA, SS9 2RD - £675,000

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

3 MARINE CLOSE is a large extended detached house of 135m², built sometime between 1930 and 1949. It was last sold for £675,000 in April 2012, which was around 109% above the average April 2012 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

3 MARINE CLOSE Sold Prices

Land registry data shows two sales for 3 MARINE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Southend-on-Sea local authority area for the corresponding sale date. Both of the two 3 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
2012 5 APR	£675,000	£322,980	109% above HPI
2010 1 JUL	£450,000	£324,924	38% above HPI

3 MARINE 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 two 3 MARINE CLOSE sales from July 2010 and April 2012 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 2010 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the April 2012 sale, where it rises to 109% above the HPI. The line then continues to track at 109% above the HPI.

What might 3 MARINE CLOSE be worth now?

3 MARINE CLOSE might now be worth an estimated £1,294,281.

This is based on house price inflation of 91.7%, between April 2012 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 91.7% inflationary increase is applied to the most recent sale price for 3 MARINE CLOSE of £675,000 on 5th April 2012. For the value to have increased from £675,000 to £1,294,281 over the eleven years and four months to December 2024, the following assumptions must hold true:

• The value of 3 MARINE CLOSE has moved in line with the HPI for detached houses in the Southend-on-Sea local authority area.
• The April 2012 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MARINE CLOSE has not materially changed since April 2012.

How Large is 3 MARINE CLOSE?

3 MARINE CLOSE is 135m², which includes one extension, according to the EPC inspection conducted in April 2011. 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 3 MARINE CLOSE lies on this distribution: 61% of detached houses houses are smaller than 3 MARINE CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

3 MARINE CLOSE: Plot and Title Map

3 MARINE CLOSE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 3 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 3 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 3 MARINE CLOSE?

3 MARINE CLOSE is located in LEIGH-ON-SEA, in the SS9 postcode district. The below map shows the position of No. 3 on MARINE CLOSE.