67, PICASSO WAY, SHOEBURYNESS, SOUTHEND-ON-SEA, SS3 9XA - £470,000

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

67 PICASSO WAY is a large extended detached house of 153m², built sometime between 1967 and 1975. It was last sold for £470,000 in November 2020, which was around 15% below the average November 2020 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was C.

67 PICASSO WAY Sold Prices

Land registry data shows two sales for 67 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 67 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
2020 25 NOV	£470,000	£550,518	15% below HPI
2007 22 NOV	£290,000	£335,400	14% below HPI

67 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 67 PICASSO WAY sales from November 2007 and November 2020 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 November 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2020 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 67 PICASSO WAY?

67 PICASSO WAY is 153m², which includes one extension, according to the EPC inspection conducted in May 2020. 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 67 PICASSO WAY lies on this distribution: 68% of detached houses are smaller than 67 PICASSO WAY, and 31% of houses are larger. Note that EPC data is not available for all properties in Shoeburyness.

67 PICASSO WAY: Plot and Title Map

67 PICASSO WAY sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 67 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 67 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 67 PICASSO WAY?

67 PICASSO WAY is located in SHOEBURYNESS, in the SS3 postcode district. The below map shows the position of No. 67 on PICASSO WAY.