53, PICASSO WAY, SHOEBURYNESS, SOUTHEND-ON-SEA, SS3 9XA - £189,995

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

53 PICASSO WAY is a small extended detached house of 105m², built sometime between 1967 and 1975. It was last sold for £189,995 in July 2002, which was around 11% below the average July 2002 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

53 PICASSO WAY Sold Prices

Land registry data shows two sales for 53 PICASSO WAY 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 53 PICASSO WAY 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
2002 18 JUL	£189,995	£212,534	11% below HPI
1996 4 OCT	£69,000	£93,164	26% below HPI

53 PICASSO WAY 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 53 PICASSO WAY sales from October 1996 and July 2002 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 1996 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2002 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 53 PICASSO WAY?

53 PICASSO WAY is 105m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 30% of detached houses in Shoeburyness, based on EPC data. The below chart shows the distribution of detached houses by size in Shoeburyness, and where 53 PICASSO WAY lies on this distribution: 27% of detached houses are smaller than 53 PICASSO WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Shoeburyness.

53 PICASSO WAY: Plot and Title Map

53 PICASSO WAY sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 53 PICASSO WAY, 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 53 PICASSO WAY). 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 53 PICASSO WAY?

53 PICASSO WAY is located in SHOEBURYNESS, in the SS3 postcode district. The below map shows the position of No. 53 on PICASSO WAY.