11, PARK LANE, WESTCLIFF-ON-SEA, SS0 7PF - £275,000

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 PARK LANE is a very small terraced house of 66m², built sometime between 1983 and 1990, which could now be worth an estimated £267,577. It was last sold for £275,000 in August 2022, which was around 15% below the average August 2022 terraced price in the Southend-on-Sea local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was B.

11 PARK LANE Sold Prices

Land registry data shows four sales for 11 PARK LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Southend-on-Sea local authority area for the corresponding sale date. Most of the four 11 PARK LANE sales were for above 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
2022 30 AUG	£275,000	£325,208	15% below HPI
2010 1 JUL	£174,995	£169,926	3% above HPI
2008 10 MAR	£240,000	£179,483	34% above HPI
2007 20 APR	£245,000	£172,257	42% above HPI

11 PARK LANE 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 four 11 PARK LANE sales between April 2007 and August 2022 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 2010 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2022 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 11 PARK LANE be worth now?

11 PARK LANE might now be worth an estimated £267,577.

This is based on house price deflation of 2.7%, between August 2022 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 2.7% deflationary decrease is applied to the most recent sale price for 11 PARK LANE of £275,000 on 30th August 2022. For the value to have decreased from £275,000 to £267,577 over the three years and two months to June 2025, the following assumptions must hold true:

• The value of 11 PARK LANE has moved in line with the HPI for terraced houses in the Southend-on-Sea local authority area.
• The August 2022 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 11 PARK LANE has not materially changed since August 2022.

How Large is 11 PARK LANE?

11 PARK LANE is 66m² according to the EPC inspection conducted in May 2020. 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 PARK LANE lies on this distribution: 5% of terraced houses houses are smaller than 11 PARK LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

11 PARK LANE: Plot and Title Map

11 PARK LANE sits on a plot of roughly 0.017 of an acre, or 69m². The below map shows the location of 11 PARK LANE, 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 PARK LANE). 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 PARK LANE?

11 PARK LANE is located in WESTCLIFF-ON-SEA, in the SS0 postcode district. The below map shows the position of No. 11 on PARK LANE.