5, FORTESCUE CHASE, SOUTHEND-ON-SEA, SS1 3SS - £400,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 FORTESCUE CHASE is a very large extended detached house of 198m², built sometime between 1950 and 1966, which could now be worth an estimated £632,427. It was last sold for £400,000 in March 2015, which was around 2% above the average March 2015 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was C.

5 FORTESCUE CHASE Sold Prices

Land registry data shows two sales for 5 FORTESCUE CHASE 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 FORTESCUE CHASE sales were for above 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
2015 20 MAR	£400,000	£391,697	2% above HPI
2000 18 OCT	£174,995	£166,032	5% above HPI

5 FORTESCUE CHASE 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 FORTESCUE CHASE sales from October 2000 and March 2015 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 October 2000 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the March 2015 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 5 FORTESCUE CHASE be worth now?

5 FORTESCUE CHASE might now be worth an estimated £632,427.

This is based on house price inflation of 58.1%, between March 2015 and December 2024, 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 58.1% inflationary increase is applied to the most recent sale price for 5 FORTESCUE CHASE of £400,000 on 20th March 2015. For the value to have increased from £400,000 to £632,427 over the eight years and three months to December 2024, the following assumptions must hold true:

• The value of 5 FORTESCUE CHASE has moved in line with the HPI for detached houses in the Southend-on-Sea local authority area.
• The March 2015 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FORTESCUE CHASE has not materially changed since March 2015.

How Large is 5 FORTESCUE CHASE?

5 FORTESCUE CHASE is 198m², which includes two extensions, according to the EPC inspection conducted in February 2017. This puts it in the largest 20% 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 FORTESCUE CHASE lies on this distribution: 87% of detached houses houses are smaller than 5 FORTESCUE CHASE, and 12% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

5 FORTESCUE CHASE: Plot and Title Map

5 FORTESCUE CHASE sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 5 FORTESCUE CHASE, 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 FORTESCUE CHASE). 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 FORTESCUE CHASE?

5 FORTESCUE CHASE is located in SOUTHEND-ON-SEA, in the SS1 postcode district. The below map shows the position of No. 5 on FORTESCUE CHASE.