341, FAIRFAX DRIVE, WESTCLIFF-ON-SEA, SS0 9LZ - £290,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

341 FAIRFAX DRIVE is a very small extended detached house of 65m², built sometime between 1930 and 1949. It was last sold for £290,000 in August 2021, which was around 49% below the average August 2021 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

341 FAIRFAX DRIVE Sold Prices

Land registry data shows seven sales for 341 FAIRFAX DRIVE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Southend-on-Sea local authority area for the corresponding sale date. All of the seven 341 FAIRFAX 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
2021 26 AUG	£290,000	£563,991	49% below HPI
2018 30 NOV	£275,000	£527,137	48% below HPI
2015 5 FEB	£160,000	£378,705	58% below HPI
2007 24 AUG	£165,000	£326,108	49% below HPI
2002 5 JUL	£90,995	£212,534	57% below HPI
2000 22 MAY	£65,000	£146,452	56% below HPI
1997 7 AUG	£50,000	£106,486	53% below HPI

341 FAIRFAX 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 seven 341 FAIRFAX DRIVE sales between August 1997 and August 2021 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 2018 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the August 2021 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 341 FAIRFAX DRIVE?

341 FAIRFAX DRIVE is 65m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of detached houses in Southend-on-Sea, based on EPC data. The below chart shows the distribution of detached houses by size in Southend-on-Sea, and where 341 FAIRFAX DRIVE lies on this distribution: 5% of detached houses are smaller than 341 FAIRFAX DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

341 FAIRFAX DRIVE: Plot and Title Map

341 FAIRFAX DRIVE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 341 FAIRFAX 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 341 FAIRFAX 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 341 FAIRFAX DRIVE?

341 FAIRFAX DRIVE is located in WESTCLIFF-ON-SEA, in the SS0 postcode district. The below map shows the position of No. 341 on FAIRFAX DRIVE.