5, ELY ROAD, SOUTHEND-ON-SEA, SS2 4EZ - £340,000

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.

5 ELY ROAD is a small detached house of 88m², built sometime between 1930 and 1949, which could now be worth an estimated £344,811. It was last sold for £340,000 in February 2022, which was around 45% below the average February 2022 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was B.

5 ELY ROAD Sold Prices

Land registry data shows two sales for 5 ELY ROAD 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 5 ELY 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
2022 18 FEB	£340,000	£615,923	45% below HPI
1997 29 MAY	£62,500	£100,967	38% below HPI

5 ELY ROAD 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 5 ELY ROAD sales from May 1997 and February 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 May 1997 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the February 2022 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 5 ELY ROAD be worth now?

5 ELY ROAD might now be worth an estimated £344,811.

This is based on house price inflation of 1.4%, between February 2022 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 1.4% inflationary increase is applied to the most recent sale price for 5 ELY ROAD of £340,000 on 18th February 2022. For the value to have increased from £340,000 to £344,811 over the three years to February 2025, the following assumptions must hold true:

• The value of 5 ELY ROAD has moved in line with the HPI for detached houses in the Southend-on-Sea local authority area.
• The February 2022 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ELY ROAD has not materially changed since February 2022.

How Large is 5 ELY ROAD?

5 ELY ROAD is 88m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 30% 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 5 ELY ROAD lies on this distribution: 21% of detached houses houses are smaller than 5 ELY ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

5 ELY ROAD: Plot and Title Map

5 ELY ROAD sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 5 ELY 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 5 ELY 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.

Where is 5 ELY ROAD?

5 ELY ROAD is located in SOUTHEND-ON-SEA, in the SS2 postcode district. The below map shows the position of No. 5 on ELY ROAD.