38, LODWICK, SHOEBURYNESS, SOUTHEND-ON-SEA, SS3 9HW - £1,750,000

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

38 LODWICK is a very large extended detached house of 285m², built sometime between 1991 and 1995, which could now be worth an estimated £1,783,440. It was last sold for £1,750,000 in February 2024, which was around 188% above the average February 2024 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

38 LODWICK Sold Prices

Land registry data shows three sales for 38 LODWICK 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 38 LODWICK 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
2024 29 FEB	£1,750,000	£607,687	188% above HPI
2021 30 JUN	£1,610,000	£575,150	180% above HPI
1995 3 MAY	£380,000	£91,158	317% above HPI

38 LODWICK 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 38 LODWICK sales between May 1995 and February 2024 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 June 2021 sale was for 180% above the HPI. So the extrapolation line tracks at 180% above the HPI over time, until the February 2024 sale, where it rises to 188% above the HPI. The line then continues to track at 188% above the HPI.

What might 38 LODWICK be worth now?

38 LODWICK might now be worth an estimated £1,783,440.

This is based on house price inflation of 1.9%, between February 2024 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 1.9% inflationary increase is applied to the most recent sale price for 38 LODWICK of £1,750,000 on 29th February 2024. For the value to have increased from £1,750,000 to £1,783,440 over the two months to December 2024, the following assumptions must hold true:

• The value of 38 LODWICK has moved in line with the HPI for detached houses in the Southend-on-Sea local authority area.
• The February 2024 sale price of £1,750,000 represented a fair market value for the property.
• The size, condition, and specification of 38 LODWICK has not materially changed since February 2024.

How Large is 38 LODWICK?

38 LODWICK is 285m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 10% of detached houses houses in Shoeburyness, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shoeburyness, and where 38 LODWICK lies on this distribution: 99% of detached houses houses are smaller than 38 LODWICK, and 1% of houses are larger. Note that EPC data is not available for all properties in Shoeburyness.

38 LODWICK: Plot and Title Map

38 LODWICK sits on a plot of roughly 0.285 of an acre, or 1,154m². The below map shows the location of 38 LODWICK, 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 38 LODWICK). 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 38 LODWICK?

38 LODWICK is located in SHOEBURYNESS, in the SS3 postcode district. The below map shows the position of No. 38 on LODWICK.