11, HERA CLOSE, SOUTHEND-ON-SEA, SS2 4GP - £249,000

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.

11 HERA CLOSE is a very small terraced house of 52m², built sometime between 2007 and 2011, which could now be worth an estimated £263,612. It was last sold for £249,000 in June 2021, which was around 17% below the average June 2021 terraced price in the Southend-on-Sea local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was C.

11 HERA CLOSE Sold Prices

Land registry data shows three sales for 11 HERA CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Southend-on-Sea local authority area for the corresponding sale date. All of the three 11 HERA 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
2021 28 JUN	£249,000	£298,890	17% below HPI
2013 30 SEP	£162,000	£180,689	10% below HPI
2009 19 MAR	£149,950	£150,912	1% below HPI

11 HERA CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Southend-on-Sea local authority area over time, sourced from the HPI. The three 11 HERA CLOSE sales between March 2009 and June 2021 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 September 2013 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 11 HERA CLOSE be worth now?

11 HERA CLOSE might now be worth an estimated £263,612.

This is based on house price inflation of 5.9%, between June 2021 and June 2025, for terraced 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 5.9% inflationary increase is applied to the most recent sale price for 11 HERA CLOSE of £249,000 on 28th June 2021. For the value to have increased from £249,000 to £263,612 over the four years to June 2025, the following assumptions must hold true:

• The value of 11 HERA CLOSE has moved in line with the HPI for terraced houses in the Southend-on-Sea local authority area.
• The June 2021 sale price of £249,000 represented a fair market value for the property.
• The size, condition, and specification of 11 HERA CLOSE has not materially changed since June 2021.

How Large is 11 HERA CLOSE?

11 HERA CLOSE is 52m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% of terraced houses houses in Southend-on-Sea, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Southend-on-Sea, and where 11 HERA CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 11 HERA CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

11 HERA CLOSE: Plot and Title Map

11 HERA CLOSE sits on a plot of roughly 0.020 of an acre, or 82m². The below map shows the location of 11 HERA 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 11 HERA 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 11 HERA CLOSE?

11 HERA CLOSE is located in SOUTHEND-ON-SEA, in the SS2 postcode district. The below map shows the position of No. 11 on HERA CLOSE.