8, RYDE CLOSE, LEIGH-ON-SEA, SS9 4TL - £295,000

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 RYDE CLOSE is a very small detached house of 75m², built sometime between 1950 and 1966, which could now be worth an estimated £551,761. It was last sold for £295,000 in October 2011, which was around 12% below the average October 2011 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

8 RYDE CLOSE Sold Prices

Land registry data shows two sales for 8 RYDE 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 RYDE 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
2011 24 OCT	£295,000	£333,964	12% below HPI
2005 14 OCT	£215,000	£294,527	27% below HPI

8 RYDE 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 RYDE CLOSE sales from October 2005 and October 2011 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 2005 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2011 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 8 RYDE CLOSE be worth now?

8 RYDE CLOSE might now be worth an estimated £551,761.

This is based on house price inflation of 87%, between October 2011 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 87% inflationary increase is applied to the most recent sale price for 8 RYDE CLOSE of £295,000 on 24th October 2011. For the value to have increased from £295,000 to £551,761 over the fourteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 RYDE CLOSE has moved in line with the HPI for detached houses in the Southend-on-Sea local authority area.
• The October 2011 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 8 RYDE CLOSE has not materially changed since October 2011.

How Large is 8 RYDE CLOSE?

8 RYDE CLOSE is 75m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 20% 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 RYDE CLOSE lies on this distribution: 11% of detached houses houses are smaller than 8 RYDE CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

8 RYDE CLOSE: Plot and Title Map

8 RYDE CLOSE sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 8 RYDE 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 RYDE 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 RYDE CLOSE?

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