8, LEASWAY, WESTCLIFF-ON-SEA, SS0 8PB - £850,000

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

8 LEASWAY is a midsized extended detached house of 128m², built sometime between 1930 and 1949. It was last sold for £850,000 in February 2021, which was around 53% above the average February 2021 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

8 LEASWAY Sold Prices

Land registry data shows three sales for 8 LEASWAY 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 8 LEASWAY 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
2021 24 FEB	£850,000	£555,413	53% above HPI
2016 21 OCT	£675,000	£463,917	46% above HPI
2002 25 NOV	£265,000	£234,067	13% above HPI

8 LEASWAY 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 8 LEASWAY sales between November 2002 and February 2021 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 2016 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the February 2021 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is 8 LEASWAY?

8 LEASWAY is 128m², which includes one extension, according to the EPC inspection conducted in September 2020. 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 8 LEASWAY lies on this distribution: 56% of detached houses are smaller than 8 LEASWAY, and 44% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

8 LEASWAY: Plot and Title Map

8 LEASWAY sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 8 LEASWAY, 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 LEASWAY). 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 LEASWAY?

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