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
381 VICTORIA AVENUE is a midsized extended detached house of 110m², built sometime between 1930 and 1949. It was last sold for £375,000 in May 2022, which was around 40% below the average May 2022 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was January 2020, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 381 VICTORIA AVENUE since 1st 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 381 VICTORIA AVENUE 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 23 MAY | £375,000 | £624,422 | 40% below HPI |
2011 3 JUN | £185,500 | £318,504 | 42% below HPI |
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 381 VICTORIA AVENUE sales from June 2011 and May 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 June 2011 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the May 2022 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.
381 VICTORIA AVENUE is 110m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 50% 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 381 VICTORIA AVENUE lies on this distribution: 40% of detached houses are smaller than 381 VICTORIA AVENUE, and 59% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.
381 VICTORIA AVENUE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 381 VICTORIA AVENUE, 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 381 VICTORIA AVENUE). 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.
381 VICTORIA AVENUE is located in SOUTHEND-ON-SEA, in the SS2 postcode district. The below map shows the position of No. 381 on VICTORIA AVENUE.