5, PARGAT DRIVE, LEIGH-ON-SEA, SS9 5HH - £110,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 PARGAT DRIVE is a small extended detached house of 97m², built sometime between 1950 and 1966. It was last sold for £110,000 in May 2001, which was around 33% below the average May 2001 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was B.

5 PARGAT DRIVE Sold Prices

Land registry data shows two sales for 5 PARGAT 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 5 PARGAT 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
2001 2 MAY	£110,000	£164,896	33% below HPI
1998 30 SEP	£76,000	£118,250	36% below HPI

5 PARGAT 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 5 PARGAT DRIVE sales from September 1998 and May 2001 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 September 1998 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2001 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 5 PARGAT DRIVE?

5 PARGAT DRIVE is 97m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% 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 5 PARGAT DRIVE lies on this distribution: 29% of detached houses are smaller than 5 PARGAT DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

5 PARGAT DRIVE: Plot and Title Map

5 PARGAT DRIVE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 5 PARGAT 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 5 PARGAT 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 5 PARGAT DRIVE?

5 PARGAT DRIVE is located in LEIGH-ON-SEA, in the SS9 postcode district. The below map shows the position of No. 5 on PARGAT DRIVE.