63, PICASSO WAY, SHOEBURYNESS, SOUTHEND-ON-SEA, SS3 9XA - £440,000

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

63 PICASSO WAY is a large detached house of 144m², built sometime between 1967 and 1975. It was last sold for £440,000 in January 2019, which was around 16% below the average January 2019 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

63 PICASSO WAY Sold Prices

Land registry data shows three sales for 63 PICASSO 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 63 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
2019 25 JAN	£440,000	£524,294	16% below HPI
2017 7 APR	£400,000	£475,805	16% below HPI
1998 8 MAY	£102,500	£111,071	8% below HPI

63 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 three 63 PICASSO WAY sales between May 1998 and January 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 April 2017 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the January 2019 sale, which was also at 16% below the HPI.

How Large is 63 PICASSO WAY?

63 PICASSO WAY is 144m² according to the EPC inspection conducted in January 2017. This puts it in the largest 40% of detached houses in Shoeburyness, based on EPC data. The below chart shows the distribution of detached houses by size in Shoeburyness, and where 63 PICASSO WAY lies on this distribution: 63% of detached houses are smaller than 63 PICASSO WAY, and 37% of houses are larger. Note that EPC data is not available for all properties in Shoeburyness.

63 PICASSO WAY: Plot and Title Map

63 PICASSO WAY sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 63 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 63 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 63 PICASSO WAY?

63 PICASSO WAY is located in SHOEBURYNESS, in the SS3 postcode district. The below map shows the position of No. 63 on PICASSO WAY.