56, DAINES WAY, SOUTHEND-ON-SEA, SS1 3PQ - £735,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

56 DAINES WAY is a large extended detached house of 139m², built sometime between 1950 and 1966, which could now be worth an estimated £855,506. It was last sold for £735,000 in May 2019, which was around 38% above the average May 2019 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was D.

56 DAINES WAY Sold Prices

Land registry data shows four sales for 56 DAINES WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Southend-on-Sea local authority area for the corresponding sale date. All of the four 56 DAINES WAY 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
2019 17 MAY	£735,000	£532,065	38% above HPI
2011 29 SEP	£475,000	£327,223	45% above HPI
2004 20 JUL	£390,000	£288,397	35% above HPI
2001 29 NOV	£250,000	£186,361	34% above HPI

56 DAINES 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 four 56 DAINES WAY sales between November 2001 and May 2019 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 2011 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the May 2019 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 56 DAINES WAY be worth now?

56 DAINES WAY might now be worth an estimated £855,506.

This is based on house price inflation of 16.4%, between May 2019 and December 2024, 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 16.4% inflationary increase is applied to the most recent sale price for 56 DAINES WAY of £735,000 on 17th May 2019. For the value to have increased from £735,000 to £855,506 over the four years and five months to December 2024, the following assumptions must hold true:

• The value of 56 DAINES WAY has moved in line with the HPI for detached houses in the Southend-on-Sea local authority area.
• The May 2019 sale price of £735,000 represented a fair market value for the property.
• The size, condition, and specification of 56 DAINES WAY has not materially changed since May 2019.

How Large is 56 DAINES WAY?

56 DAINES WAY is 139m², which includes two extensions, according to the EPC inspection conducted in February 2011. This puts it in the largest 40% 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 56 DAINES WAY lies on this distribution: 63% of detached houses houses are smaller than 56 DAINES WAY, and 37% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

56 DAINES WAY: Plot and Title Map

56 DAINES WAY sits on a plot of roughly 0.134 of an acre, or 543m². The below map shows the location of 56 DAINES 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 56 DAINES 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 56 DAINES WAY?

56 DAINES WAY is located in SOUTHEND-ON-SEA, in the SS1 postcode district. The below map shows the position of No. 56 on DAINES WAY.