8, DRAKE ROAD, WESTCLIFF-ON-SEA, SS0 8LP - £1,100,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 DRAKE ROAD is a very large extended detached house of 361m², built sometime between 1900 and 1929, which could now be worth an estimated £1,377,015. It was last sold for £1,100,000 in January 2017, which was around 120% above the average January 2017 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was C.

8 DRAKE ROAD Sold Prices

Land registry data shows two sales for 8 DRAKE ROAD 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 DRAKE ROAD 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
2017 12 JAN	£1,100,000	£498,979	120% above HPI
2003 1 OCT	£615,000	£269,922	128% above HPI

8 DRAKE ROAD 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 DRAKE ROAD sales from October 2003 and January 2017 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 October 2003 sale was for 128% above the HPI. So the extrapolation line tracks at 128% above the HPI over time, until the January 2017 sale, where it falls to 120% above the HPI. The line then continues to track at 120% above the HPI.

What might 8 DRAKE ROAD be worth now?

8 DRAKE ROAD might now be worth an estimated £1,377,015.

This is based on house price inflation of 25.2%, between January 2017 and February 2025, 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 25.2% inflationary increase is applied to the most recent sale price for 8 DRAKE ROAD of £1,100,000 on 12th January 2017. For the value to have increased from £1,100,000 to £1,377,015 over the seven years and eleven months to February 2025, the following assumptions must hold true:

• The value of 8 DRAKE ROAD has moved in line with the HPI for detached houses in the Southend-on-Sea local authority area.
• The January 2017 sale price of £1,100,000 represented a fair market value for the property.
• The size, condition, and specification of 8 DRAKE ROAD has not materially changed since January 2017.

How Large is 8 DRAKE ROAD?

8 DRAKE ROAD is 361m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the largest 10% 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 8 DRAKE ROAD lies on this distribution: 99% of detached houses houses are smaller than 8 DRAKE ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

8 DRAKE ROAD: Plot and Title Map

8 DRAKE ROAD sits on a plot of roughly 0.233 of an acre, or 944m². The below map shows the location of 8 DRAKE ROAD, 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 DRAKE ROAD). 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 DRAKE ROAD?

8 DRAKE ROAD is located in WESTCLIFF-ON-SEA, in the SS0 postcode district. The below map shows the position of No. 8 on DRAKE ROAD.