51, OLIVE AVENUE, LEIGH-ON-SEA, SS9 3PU - £347,500

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.

51 OLIVE AVENUE is a small semi-detached house of 107m², built sometime between 1930 and 1949, which could now be worth an estimated £668,192. It was last sold for £347,500 in October 2012, which was around 61% above the average October 2012 semi-detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was July 2011, where the current energy rating was E, and the potential energy rating was E.

51 OLIVE AVENUE Sold Prices

Land registry data shows four sales for 51 OLIVE AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Southend-on-Sea local authority area for the corresponding sale date. All of the four 51 OLIVE AVENUE 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
2012 5 OCT	£347,500	£216,459	61% above HPI
2005 6 OCT	£248,000	£194,405	28% above HPI
2004 10 AUG	£249,995	£190,850	31% above HPI
1995 20 OCT	£74,000	£54,943	35% above HPI

51 OLIVE AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Southend-on-Sea local authority area over time, sourced from the HPI. The four 51 OLIVE AVENUE sales between October 1995 and October 2012 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 2005 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the October 2012 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

What might 51 OLIVE AVENUE be worth now?

51 OLIVE AVENUE might now be worth an estimated £668,192.

This is based on house price inflation of 92.3%, between October 2012 and February 2025, for semi-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 92.3% inflationary increase is applied to the most recent sale price for 51 OLIVE AVENUE of £347,500 on 5th October 2012. For the value to have increased from £347,500 to £668,192 over the thirteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 51 OLIVE AVENUE has moved in line with the HPI for semi-detached houses in the Southend-on-Sea local authority area.
• The October 2012 sale price of £347,500 represented a fair market value for the property.
• The size, condition, and specification of 51 OLIVE AVENUE has not materially changed since October 2012.

How Large is 51 OLIVE AVENUE?

51 OLIVE AVENUE is 107m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 40% of semi-detached houses houses in Southend-on-Sea, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Southend-on-Sea, and where 51 OLIVE AVENUE lies on this distribution: 38% of semi-detached houses houses are smaller than 51 OLIVE AVENUE, and 62% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

51 OLIVE AVENUE: Plot and Title Map

51 OLIVE AVENUE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 51 OLIVE AVENUE, 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 51 OLIVE AVENUE). 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 51 OLIVE AVENUE?

51 OLIVE AVENUE is located in LEIGH-ON-SEA, in the SS9 postcode district. The below map shows the position of No. 51 on OLIVE AVENUE.