41, THE BROADWAY, SOUTHEND-ON-SEA, SS1 3HG - £1,300,000

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

41 THE BROADWAY is a very large extended detached house of 243m², built sometime between 1900 and 1929. It was last sold for £1,300,000 in December 2022, which was around 101% above the average December 2022 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

41 THE BROADWAY Sold Prices

Land registry data shows four sales for 41 THE BROADWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Southend-on-Sea local authority area for the corresponding sale date. All of the four 41 THE BROADWAY 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
2022 20 DEC	£1,300,000	£646,988	101% above HPI
2015 20 FEB	£739,000	£378,705	95% above HPI
2003 11 DEC	£460,000	£260,748	76% above HPI
1998 24 APR	£205,000	£110,649	85% above HPI

41 THE BROADWAY 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 four 41 THE BROADWAY sales between April 1998 and December 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 February 2015 sale was for 95% above the HPI. So the extrapolation line tracks at 95% above the HPI over time, until the December 2022 sale, where it rises to 101% above the HPI. The line then continues to track at 101% above the HPI.

How Large is 41 THE BROADWAY?

41 THE BROADWAY is 243m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the largest 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 41 THE BROADWAY lies on this distribution: 95% of detached houses are smaller than 41 THE BROADWAY, and 5% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

41 THE BROADWAY: Plot and Title Map

41 THE BROADWAY sits on a plot of roughly 0.145 of an acre, or 586m². The below map shows the location of 41 THE BROADWAY, 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 41 THE BROADWAY). 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 41 THE BROADWAY?

41 THE BROADWAY is located in SOUTHEND-ON-SEA, in the SS1 postcode district. The below map shows the position of No. 41 on THE BROADWAY.