Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
67 GAINSBOROUGH DRIVE is a midsized extended detached house of 132m², built sometime between 1930 and 1949. It was last sold for £480,000 in January 2023, which was around 25% below the average January 2023 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 67 GAINSBOROUGH DRIVE since 1st 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 67 GAINSBOROUGH DRIVE 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 |
---|---|---|---|
2023 31 JAN | £480,000 | £636,581 | 25% below HPI |
2021 5 JUL | £249,995 | £557,253 | 55% below HPI |
2016 5 FEB | £232,500 | £434,205 | 46% below HPI |
2001 13 AUG | £114,000 | £175,348 | 35% below HPI |
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 67 GAINSBOROUGH DRIVE sales between August 2001 and January 2023 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 July 2021 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the January 2023 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.
67 GAINSBOROUGH DRIVE is 132m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the largest 50% 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 67 GAINSBOROUGH DRIVE lies on this distribution: 58% of detached houses are smaller than 67 GAINSBOROUGH DRIVE, and 41% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.
67 GAINSBOROUGH DRIVE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 67 GAINSBOROUGH DRIVE, 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 67 GAINSBOROUGH DRIVE). 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.
67 GAINSBOROUGH DRIVE is located in WESTCLIFF-ON-SEA, in the SS0 postcode district. The below map shows the position of No. 67 on GAINSBOROUGH DRIVE.