48, MARCUS AVENUE, SOUTHEND-ON-SEA, SS1 3LA - £340,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

48 MARCUS AVENUE is a very small detached house of 83m², built sometime between 1950 and 1966. It was last sold for £340,000 in March 2014, which was around 1% below the average March 2014 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 B.

48 MARCUS AVENUE Sold Prices

Land registry data shows two sales for 48 MARCUS AVENUE since 1^st 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 48 MARCUS 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
2014 14 MAR	£340,000	£344,519	1% below HPI
2006 5 JAN	£265,000	£290,061	9% below HPI

48 MARCUS AVENUE 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 two 48 MARCUS AVENUE sales from January 2006 and March 2014 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 January 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2014 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 48 MARCUS AVENUE?

48 MARCUS AVENUE is 83m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 20% 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 48 MARCUS AVENUE lies on this distribution: 17% of detached houses are smaller than 48 MARCUS AVENUE, and 83% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

48 MARCUS AVENUE: Plot and Title Map

48 MARCUS AVENUE sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 48 MARCUS 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 48 MARCUS 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.

Where is 48 MARCUS AVENUE?

48 MARCUS AVENUE is located in SOUTHEND-ON-SEA, in the SS1 postcode district. The below map shows the position of No. 48 on MARCUS AVENUE.