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 MEADOW DRIVE is a small extended detached house of 98m², built sometime between 1950 and 1966. It was last sold for £405,800 in January 2018, which was around 21% below the average January 2018 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 8 MEADOW DRIVE since 1st 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 MEADOW 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 |
---|---|---|---|
2018 29 JAN | £405,800 | £512,712 | 21% below HPI |
2004 23 MAR | £242,000 | £268,273 | 10% 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 two 8 MEADOW DRIVE sales from March 2004 and January 2018 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 March 2004 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2018 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.
8 MEADOW DRIVE is 98m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 30% 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 MEADOW DRIVE lies on this distribution: 30% of detached houses are smaller than 8 MEADOW DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.
8 MEADOW DRIVE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 8 MEADOW 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 8 MEADOW 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.
8 MEADOW DRIVE is located in SOUTHEND-ON-SEA, in the SS1 postcode district. The below map shows the position of No. 8 on MEADOW DRIVE.