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
47 DREWSTEIGNTON is a very small detached house of 80m², built sometime between 1991 and 1995. It was last sold for £265,000 in May 2022, which was around 58% below the average May 2022 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 47 DREWSTEIGNTON since 1st 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 47 DREWSTEIGNTON 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 9 MAY | £265,000 | £624,422 | 58% below HPI |
2011 14 SEP | £125,000 | £319,136 | 61% below HPI |
1995 10 NOV | £49,995 | £85,528 | 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 three 47 DREWSTEIGNTON sales between November 1995 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 September 2011 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the May 2022 sale, where it rises to 58% below the HPI. The line then continues to track at 58% below the HPI.
47 DREWSTEIGNTON is 80m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% of detached houses in Shoeburyness, based on EPC data. The below chart shows the distribution of detached houses by size in Shoeburyness, and where 47 DREWSTEIGNTON lies on this distribution: 8% of detached houses are smaller than 47 DREWSTEIGNTON, and 91% of houses are larger. Note that EPC data is not available for all properties in Shoeburyness.
47 DREWSTEIGNTON sits on a plot of roughly 1.3 acres, or 5,390m². The below map shows the location of 47 DREWSTEIGNTON, 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 47 DREWSTEIGNTON). 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.
47 DREWSTEIGNTON is located in SHOEBURYNESS, in the SS3 postcode district. The below map shows the position of No. 47 on DREWSTEIGNTON.