8, PADDOCK CLOSE, LEIGH-ON-SEA, SS9 5QP - £407,500

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 PADDOCK CLOSE is a large detached house of 159m², built sometime between 1967 and 1975, which could now be worth an estimated £539,440. It was last sold for £407,500 in July 2016, which was around 14% below the average July 2016 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

8 PADDOCK CLOSE Sold Prices

Land registry data shows two sales for 8 PADDOCK 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 PADDOCK 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
2016 22 JUL	£407,500	£471,860	14% below HPI
2007 29 JUN	£295,000	£324,967	9% below HPI

8 PADDOCK 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 PADDOCK CLOSE sales from June 2007 and July 2016 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 June 2007 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2016 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 8 PADDOCK CLOSE be worth now?

8 PADDOCK CLOSE might now be worth an estimated £539,440.

This is based on house price inflation of 32.4%, between July 2016 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 32.4% inflationary increase is applied to the most recent sale price for 8 PADDOCK CLOSE of £407,500 on 22nd July 2016. For the value to have increased from £407,500 to £539,440 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of 8 PADDOCK CLOSE has moved in line with the HPI for detached houses in the Southend-on-Sea local authority area.
• The July 2016 sale price of £407,500 represented a fair market value for the property.
• The size, condition, and specification of 8 PADDOCK CLOSE has not materially changed since July 2016.

How Large is 8 PADDOCK CLOSE?

8 PADDOCK CLOSE is 159m² according to the EPC inspection conducted in April 2016. This puts it in the largest 30% 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 PADDOCK CLOSE lies on this distribution: 74% of detached houses houses are smaller than 8 PADDOCK CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

8 PADDOCK CLOSE: Plot and Title Map

8 PADDOCK CLOSE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 8 PADDOCK 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 PADDOCK 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 PADDOCK CLOSE?

8 PADDOCK CLOSE is located in LEIGH-ON-SEA, in the SS9 postcode district. The below map shows the position of No. 8 on PADDOCK CLOSE.