8, CHERTSEY CLOSE, SHOEBURYNESS, SOUTHEND-ON-SEA, SS3 8YH - £250,000

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

8 CHERTSEY CLOSE is a very small extended detached house of 93m², built sometime between 1991 and 1995, which could now be worth an estimated £513,702. It was last sold for £250,000 in October 2009, which was around 17% below the average October 2009 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was C.

8 CHERTSEY CLOSE Sold Prices

Land registry data shows two sales for 8 CHERTSEY CLOSE 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 8 CHERTSEY CLOSE 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
2009 30 OCT	£250,000	£301,390	17% below HPI
2004 13 SEP	£245,000	£296,321	17% below HPI

8 CHERTSEY CLOSE 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 8 CHERTSEY CLOSE sales from September 2004 and October 2009 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 2004 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2009 sale, which was also at 17% below the HPI.

What might 8 CHERTSEY CLOSE be worth now?

8 CHERTSEY CLOSE might now be worth an estimated £513,702.

This is based on house price inflation of 105.5%, between October 2009 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 105.5% inflationary increase is applied to the most recent sale price for 8 CHERTSEY CLOSE of £250,000 on 30th October 2009. For the value to have increased from £250,000 to £513,702 over the fourteen years and ten months to December 2024, the following assumptions must hold true:

• The value of 8 CHERTSEY CLOSE has moved in line with the HPI for detached houses in the Southend-on-Sea local authority area.
• The October 2009 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHERTSEY CLOSE has not materially changed since October 2009.

How Large is 8 CHERTSEY CLOSE?

8 CHERTSEY CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in January 2009. This puts it in the smallest 20% of detached houses houses in Shoeburyness, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shoeburyness, and where 8 CHERTSEY CLOSE lies on this distribution: 16% of detached houses houses are smaller than 8 CHERTSEY CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Shoeburyness.

8 CHERTSEY CLOSE: Plot and Title Map

8 CHERTSEY CLOSE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 8 CHERTSEY CLOSE, 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 8 CHERTSEY CLOSE). 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 8 CHERTSEY CLOSE?

8 CHERTSEY CLOSE is located in SHOEBURYNESS, in the SS3 postcode district. The below map shows the position of No. 8 on CHERTSEY CLOSE.