54, COLLINS WAY, LEIGH-ON-SEA, SS9 5UN - £425,000

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

54 COLLINS WAY is a large extended detached house of 150m², built sometime between 1967 and 1975. It was last sold for £425,000 in February 2018, which was around 17% below the average February 2018 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was November 2010, where the current energy rating was E, and the potential energy rating was C.

54 COLLINS WAY Sold Prices

Land registry data shows three sales for 54 COLLINS WAY 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 54 COLLINS 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
2018 16 FEB	£425,000	£513,321	17% below HPI
2011 25 FEB	£265,950	£316,095	16% below HPI
2000 27 OCT	£160,000	£161,928	1% below HPI

54 COLLINS 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 three 54 COLLINS WAY sales between October 2000 and February 2018 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 February 2011 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2018 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 54 COLLINS WAY?

54 COLLINS WAY is 150m², which includes two extensions, according to the EPC inspection conducted in November 2010. This puts it in the largest 40% 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 54 COLLINS WAY lies on this distribution: 70% of detached houses are smaller than 54 COLLINS WAY, and 30% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

54 COLLINS WAY: Plot and Title Map

54 COLLINS WAY sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 54 COLLINS 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 54 COLLINS 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 54 COLLINS WAY?

54 COLLINS WAY is located in LEIGH-ON-SEA, in the SS9 postcode district. The below map shows the position of No. 54 on COLLINS WAY.