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
49 PRESTON ROAD is a very small detached house of 77m², built sometime between 1983 and 1990. It was last sold for £104,000 in May 2000, which was around 29% below the average May 2000 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 49 PRESTON ROAD since 1st 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 49 PRESTON ROAD 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 |
---|---|---|---|
2000 2 MAY | £104,000 | £146,452 | 29% below HPI |
1996 23 DEC | £80,000 | £94,930 | 16% 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 two 49 PRESTON ROAD sales from December 1996 and May 2000 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 December 1996 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2000 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.
49 PRESTON ROAD is 77m² according to the EPC inspection conducted in November 2012. 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 49 PRESTON ROAD lies on this distribution: 12% of detached houses are smaller than 49 PRESTON ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.
49 PRESTON ROAD sits on a plot of roughly 0.038 of an acre, or 154m². The below map shows the location of 49 PRESTON ROAD, 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 49 PRESTON ROAD). 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.
49 PRESTON ROAD is located in WESTCLIFF-ON-SEA, in the SS0 postcode district. The below map shows the position of No. 49 on PRESTON ROAD.