14, HERA CLOSE, SOUTHEND-ON-SEA, SS2 4GP - £295,000

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.

14 HERA CLOSE is a very small terraced house of 73m², which could now be worth an estimated £342,993. It was last sold for £295,000 in December 2018, which was around 8% above the average December 2018 terraced price in the Southend-on-Sea local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was B.

14 HERA CLOSE Sold Prices

Land registry data shows two sales for 14 HERA CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Southend-on-Sea local authority area for the corresponding sale date. Both of the two 14 HERA CLOSE 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
2018 3 DEC	£295,000	£272,154	8% above HPI
2011 27 APR	£195,000	£166,298	17% above HPI

14 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 two 14 HERA CLOSE sales from April 2011 and December 2018 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 2011 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the December 2018 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 14 HERA CLOSE be worth now?

14 HERA CLOSE might now be worth an estimated £342,993.

This is based on house price inflation of 16.3%, between December 2018 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 16.3% inflationary increase is applied to the most recent sale price for 14 HERA CLOSE of £295,000 on 3rd December 2018. For the value to have increased from £295,000 to £342,993 over the seven years and six months to June 2025, the following assumptions must hold true:

• The value of 14 HERA CLOSE has moved in line with the HPI for terraced houses in the Southend-on-Sea local authority area.
• The December 2018 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 14 HERA CLOSE has not materially changed since December 2018.

How Large is 14 HERA CLOSE?

14 HERA CLOSE is 73m² according to the EPC inspection conducted in May 2010. 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 14 HERA CLOSE lies on this distribution: 10% of terraced houses houses are smaller than 14 HERA CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

14 HERA CLOSE: Plot and Title Map

14 HERA CLOSE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 14 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 14 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 14 HERA CLOSE?

14 HERA CLOSE is located in SOUTHEND-ON-SEA, in the SS2 postcode district. The below map shows the position of No. 14 on HERA CLOSE.