31, PETWORTH GARDENS, SOUTHEND-ON-SEA, SS2 4TG - £375,000

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.

31 PETWORTH GARDENS is a very small detached house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £562,567. It was last sold for £375,000 in August 2015, which was around 10% below the average August 2015 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was C.

31 PETWORTH GARDENS Sold Prices

Land registry data shows two sales for 31 PETWORTH GARDENS 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 31 PETWORTH GARDENS 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
2015 26 AUG	£375,000	£416,376	10% below HPI
2002 16 MAY	£195,000	£200,415	3% below HPI

31 PETWORTH GARDENS 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 31 PETWORTH GARDENS sales from May 2002 and August 2015 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 May 2002 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2015 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 31 PETWORTH GARDENS be worth now?

31 PETWORTH GARDENS might now be worth an estimated £562,567.

This is based on house price inflation of 50%, between August 2015 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 50% inflationary increase is applied to the most recent sale price for 31 PETWORTH GARDENS of £375,000 on 26th August 2015. For the value to have increased from £375,000 to £562,567 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 31 PETWORTH GARDENS has moved in line with the HPI for detached houses in the Southend-on-Sea local authority area.
• The August 2015 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 31 PETWORTH GARDENS has not materially changed since August 2015.

How Large is 31 PETWORTH GARDENS?

31 PETWORTH GARDENS is 86m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 20% 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 31 PETWORTH GARDENS lies on this distribution: 19% of detached houses houses are smaller than 31 PETWORTH GARDENS, and 81% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

31 PETWORTH GARDENS: Plot and Title Map

31 PETWORTH GARDENS sits on a plot of roughly 0.191 of an acre, or 772m². The below map shows the location of 31 PETWORTH GARDENS, 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 31 PETWORTH GARDENS). 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 31 PETWORTH GARDENS?

31 PETWORTH GARDENS is located in SOUTHEND-ON-SEA, in the SS2 postcode district. The below map shows the position of No. 31 on PETWORTH GARDENS.