3, PARGAT DRIVE, LEIGH-ON-SEA, SS9 5HH - £305,000

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.

3 PARGAT DRIVE is a very small detached house of 46m², built sometime between 1967 and 1975, which could now be worth an estimated £298,790. It was last sold for £305,000 in April 2022, which was around 52% below the average April 2022 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was December 2015, where the current energy rating was E, and the potential energy rating was B.

3 PARGAT DRIVE Sold Prices

Land registry data shows three sales for 3 PARGAT DRIVE 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 3 PARGAT DRIVE 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
2022 4 APR	£305,000	£637,620	52% below HPI
2016 18 MAR	£222,000	£451,350	51% below HPI
1996 31 OCT	£46,000	£95,525	52% below HPI

3 PARGAT DRIVE 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 3 PARGAT DRIVE sales between October 1996 and April 2022 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 March 2016 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the April 2022 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 3 PARGAT DRIVE be worth now?

3 PARGAT DRIVE might now be worth an estimated £298,790.

This is based on house price deflation of 2%, between April 2022 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 2% deflationary decrease is applied to the most recent sale price for 3 PARGAT DRIVE of £305,000 on 4th April 2022. For the value to have decreased from £305,000 to £298,790 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 3 PARGAT DRIVE has moved in line with the HPI for detached houses in the Southend-on-Sea local authority area.
• The April 2022 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PARGAT DRIVE has not materially changed since April 2022.

How Large is 3 PARGAT DRIVE?

3 PARGAT DRIVE is 46m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 10% 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 PARGAT DRIVE lies on this distribution: 1% of detached houses houses are smaller than 3 PARGAT DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

3 PARGAT DRIVE: Plot and Title Map

3 PARGAT DRIVE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 3 PARGAT DRIVE, 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 PARGAT DRIVE). 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 PARGAT DRIVE?

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