5, LEAS GARDENS, WESTCLIFF-ON-SEA, SS0 8JL - £725,000

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 LEAS GARDENS is a very large extended detached house of 198m², built sometime between 1900 and 1929, which could now be worth an estimated £1,129,885. It was last sold for £725,000 in June 2015, which was around 81% above the average June 2015 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

5 LEAS GARDENS Sold Prices

Land registry data shows three sales for 5 LEAS GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Southend-on-Sea local authority area for the corresponding sale date. All of the three 5 LEAS GARDENS 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 5 JUN	£725,000	£401,624	81% above HPI
2006 21 JUL	£499,500	£307,431	62% above HPI
1998 17 JUL	£159,500	£117,534	36% above HPI

5 LEAS GARDENS 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 three 5 LEAS GARDENS sales between July 1998 and June 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 July 2006 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the June 2015 sale, where it rises to 81% above the HPI. The line then continues to track at 81% above the HPI.

What might 5 LEAS GARDENS be worth now?

5 LEAS GARDENS might now be worth an estimated £1,129,885.

This is based on house price inflation of 55.8%, between June 2015 and March 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 55.8% inflationary increase is applied to the most recent sale price for 5 LEAS GARDENS of £725,000 on 5th June 2015. For the value to have increased from £725,000 to £1,129,885 over the ten years and three months to March 2025, the following assumptions must hold true:

• The value of 5 LEAS GARDENS has moved in line with the HPI for detached houses in the Southend-on-Sea local authority area.
• The June 2015 sale price of £725,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LEAS GARDENS has not materially changed since June 2015.

How Large is 5 LEAS GARDENS?

5 LEAS GARDENS is 198m², which includes one extension, according to the EPC inspection conducted in May 2014. 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 LEAS GARDENS lies on this distribution: 87% of detached houses houses are smaller than 5 LEAS GARDENS, and 12% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

5 LEAS GARDENS: Plot and Title Map

5 LEAS GARDENS sits on a plot of roughly 0.144 of an acre, or 581m². The below map shows the location of 5 LEAS GARDENS, 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 LEAS GARDENS). 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 LEAS GARDENS?

5 LEAS GARDENS is located in WESTCLIFF-ON-SEA, in the SS0 postcode district. The below map shows the position of No. 5 on LEAS GARDENS.