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
9 ELM CLOSE is a very small extended detached house of 60m², built sometime between 1950 and 1966. It was last sold for £261,000 in November 2017, which was around 49% below the average November 2017 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 9 ELM CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Southend-on-Sea local authority area for the corresponding sale date. All of the four 9 ELM 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 |
---|---|---|---|
2017 14 NOV | £261,000 | £509,218 | 49% below HPI |
2002 11 JUL | £127,500 | £212,534 | 40% below HPI |
1997 17 OCT | £70,000 | £109,231 | 36% below HPI |
1997 9 JUL | £40,000 | £104,328 | 62% 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 four 9 ELM CLOSE sales between July 1997 and November 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 July 2002 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2017 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.
9 ELM CLOSE is 60m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 10% of detached houses in Shoeburyness, based on EPC data. The below chart shows the distribution of detached houses by size in Shoeburyness, and where 9 ELM CLOSE lies on this distribution: 1% of detached houses are smaller than 9 ELM CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Shoeburyness.
9 ELM CLOSE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 9 ELM 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 9 ELM 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.
9 ELM CLOSE is located in SHOEBURYNESS, in the SS3 postcode district. The below map shows the position of No. 9 on ELM CLOSE.