486, WOODGRANGE DRIVE, SOUTHEND-ON-SEA, SS1 3EH - £485,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

486 WOODGRANGE DRIVE is a midsized detached house of 131m², built sometime between 1967 and 1975, which could now be worth an estimated £547,062. It was last sold for £485,000 in August 2020, which was around 12% below the average August 2020 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

486 WOODGRANGE DRIVE Sold Prices

Land registry data shows two sales for 486 WOODGRANGE DRIVE 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 486 WOODGRANGE DRIVE 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
2020 10 AUG	£485,000	£553,775	12% below HPI
2008 16 MAY	£275,000	£338,615	19% below HPI

486 WOODGRANGE DRIVE 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 486 WOODGRANGE DRIVE sales from May 2008 and August 2020 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 May 2008 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2020 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 486 WOODGRANGE DRIVE be worth now?

486 WOODGRANGE DRIVE might now be worth an estimated £547,062.

This is based on house price inflation of 12.8%, between August 2020 and February 2025, 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 12.8% inflationary increase is applied to the most recent sale price for 486 WOODGRANGE DRIVE of £485,000 on 10th August 2020. For the value to have increased from £485,000 to £547,062 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 486 WOODGRANGE DRIVE has moved in line with the HPI for detached houses in the Southend-on-Sea local authority area.
• The August 2020 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 486 WOODGRANGE DRIVE has not materially changed since August 2020.

How Large is 486 WOODGRANGE DRIVE?

486 WOODGRANGE DRIVE is 131m² according to the EPC inspection conducted in July 2019. This puts it in the largest 50% 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 486 WOODGRANGE DRIVE lies on this distribution: 57% of detached houses houses are smaller than 486 WOODGRANGE DRIVE, and 42% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

486 WOODGRANGE DRIVE: Plot and Title Map

486 WOODGRANGE DRIVE sits on a plot of roughly 0.133 of an acre, or 537m². The below map shows the location of 486 WOODGRANGE DRIVE, 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 486 WOODGRANGE DRIVE). 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 486 WOODGRANGE DRIVE?

486 WOODGRANGE DRIVE is located in SOUTHEND-ON-SEA, in the SS1 postcode district. The below map shows the position of No. 486 on WOODGRANGE DRIVE.