42, LEASWAY, WESTCLIFF-ON-SEA, SS0 8PB - £775,000

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

42 LEASWAY is a large detached house of 139m², built sometime between 1930 and 1949, which could now be worth an estimated £1,021,728. It was last sold for £775,000 in August 2016, which was around 65% above the average August 2016 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was C.

42 LEASWAY Sold Prices

Land registry data shows three sales for 42 LEASWAY 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 42 LEASWAY 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
2016 23 AUG	£775,000	£469,750	65% above HPI
2003 28 AUG	£385,000	£267,979	44% above HPI
1998 31 JUL	£170,000	£117,534	45% above HPI

42 LEASWAY 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 42 LEASWAY sales between July 1998 and August 2016 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 August 2003 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the August 2016 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

What might 42 LEASWAY be worth now?

42 LEASWAY might now be worth an estimated £1,021,728.

This is based on house price inflation of 31.8%, between August 2016 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 31.8% inflationary increase is applied to the most recent sale price for 42 LEASWAY of £775,000 on 23rd August 2016. For the value to have increased from £775,000 to £1,021,728 over the seven years and eight months to December 2024, the following assumptions must hold true:

• The value of 42 LEASWAY has moved in line with the HPI for detached houses in the Southend-on-Sea local authority area.
• The August 2016 sale price of £775,000 represented a fair market value for the property.
• The size, condition, and specification of 42 LEASWAY has not materially changed since August 2016.

How Large is 42 LEASWAY?

42 LEASWAY is 139m² according to the EPC inspection conducted in May 2016. This puts it in the largest 40% 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 42 LEASWAY lies on this distribution: 63% of detached houses houses are smaller than 42 LEASWAY, and 37% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

42 LEASWAY: Plot and Title Map

42 LEASWAY sits on a plot of roughly 0.155 of an acre, or 627m². The below map shows the location of 42 LEASWAY, 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 42 LEASWAY). 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 42 LEASWAY?

42 LEASWAY is located in WESTCLIFF-ON-SEA, in the SS0 postcode district. The below map shows the position of No. 42 on LEASWAY.