107, NESS ROAD, SHOEBURYNESS, SOUTHEND-ON-SEA, SS3 9ES - £267,500

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.

107 NESS ROAD is a extended detached house, which could now be worth an estimated £536,937. It was last sold for £267,500 in April 2007, which was around 17% below the average April 2007 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was E.

107 NESS ROAD Sold Prices

Land registry data shows three sales for 107 NESS ROAD 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 107 NESS ROAD 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
2007 25 APR	£267,500	£320,867	17% below HPI
2003 18 JUN	£140,500	£258,596	46% below HPI
2003 11 APR	£137,000	£251,494	46% below HPI

107 NESS ROAD 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 107 NESS ROAD sales between April 2003 and April 2007 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 2003 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the April 2007 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 107 NESS ROAD be worth now?

107 NESS ROAD might now be worth an estimated £536,937.

This is based on house price inflation of 100.7%, between April 2007 and July 2026, 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 100.7% inflationary increase is applied to the most recent sale price for 107 NESS ROAD of £267,500 on 25th April 2007. For the value to have increased from £267,500 to £536,937 over the eighteen years and nine months to July 2026, the following assumptions must hold true:

• The value of 107 NESS ROAD has moved in line with the HPI for detached houses in the Southend-on-Sea local authority area.
• The April 2007 sale price of £267,500 represented a fair market value for the property.
• The size, condition, and specification of 107 NESS ROAD has not materially changed since April 2007.