12, DRAKE ROAD, WESTCLIFF-ON-SEA, SS0 8LP - £1,225,000

12 DRAKE ROAD is a very large extended detached house of 383m², built sometime between 1900 and 1929. It was last sold for £1,225,000 in September 2015, which was around 196% above the average September 2015 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was May 2009, where the current energy rating was F, and the potential energy rating was F.

12 DRAKE ROAD Sold Prices

Land registry data shows two sales for 12 DRAKE ROAD 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 12 DRAKE ROAD 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
2015 18 SEP	£1,225,000	£413,717	196% above HPI
2009 31 JUL	£899,995	£280,468	221% above HPI

12 DRAKE 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 two 12 DRAKE ROAD sales from July 2009 and September 2015 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 2009 sale was for 221% above the HPI. So the extrapolation line tracks at 221% above the HPI over time, until the September 2015 sale, where it falls to 196% above the HPI. The line then continues to track at 196% above the HPI.

How Large is 12 DRAKE ROAD?

12 DRAKE ROAD is 383m², which includes two extensions, according to the EPC inspection conducted in May 2009. This puts it in the largest 10% of detached houses in Southend-on-Sea, based on EPC data. The below chart shows the distribution of detached houses by size in Southend-on-Sea, and where 12 DRAKE ROAD lies on this distribution: 99% of detached houses are smaller than 12 DRAKE ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

12 DRAKE ROAD: Plot and Title Map

12 DRAKE ROAD sits on a plot of roughly 0.234 of an acre, or 948m². The below map shows the location of 12 DRAKE ROAD, 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 12 DRAKE ROAD). 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 12 DRAKE ROAD?

12 DRAKE ROAD is located in WESTCLIFF-ON-SEA, in the SS0 postcode district. The below map shows the position of No. 12 on DRAKE ROAD.