122, MARCUS AVENUE, SOUTHEND-ON-SEA, SS1 3LQ - £417,500

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.

122 MARCUS AVENUE is a midsized extended detached house of 123m², built sometime between 1950 and 1966, which could now be worth an estimated £824,540. It was last sold for £417,500 in December 2012, which was around 28% above the average December 2012 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was C.

122 MARCUS AVENUE Sold Prices

Land registry data shows three sales for 122 MARCUS AVENUE 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 122 MARCUS AVENUE 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
2012 18 DEC	£417,500	£326,263	28% above HPI
2007 3 APR	£430,000	£320,867	34% above HPI
2001 23 MAY	£205,000	£169,075	21% above HPI

122 MARCUS AVENUE 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 122 MARCUS AVENUE sales between May 2001 and December 2012 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 April 2007 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the December 2012 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 122 MARCUS AVENUE be worth now?

122 MARCUS AVENUE might now be worth an estimated £824,540.

This is based on house price inflation of 97.5%, between December 2012 and March 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 97.5% inflationary increase is applied to the most recent sale price for 122 MARCUS AVENUE of £417,500 on 18th December 2012. For the value to have increased from £417,500 to £824,540 over the fourteen years and nine months to March 2026, the following assumptions must hold true:

• The value of 122 MARCUS AVENUE has moved in line with the HPI for detached houses in the Southend-on-Sea local authority area.
• The December 2012 sale price of £417,500 represented a fair market value for the property.
• The size, condition, and specification of 122 MARCUS AVENUE has not materially changed since December 2012.

How Large is 122 MARCUS AVENUE?

122 MARCUS AVENUE is 123m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the largest 50% of detached houses houses in Southend-on-Sea, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southend-on-Sea, and where 122 MARCUS AVENUE lies on this distribution: 52% of detached houses houses are smaller than 122 MARCUS AVENUE, and 48% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

122 MARCUS AVENUE: Plot and Title Map

122 MARCUS AVENUE sits on a plot of roughly 0.165 of an acre, or 666m². The below map shows the location of 122 MARCUS AVENUE, 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 122 MARCUS AVENUE). 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 122 MARCUS AVENUE?

122 MARCUS AVENUE is located in SOUTHEND-ON-SEA, in the SS1 postcode district. The below map shows the position of No. 122 on MARCUS AVENUE.