15, CHERTSEY CLOSE, SHOEBURYNESS, SOUTHEND-ON-SEA, SS3 8YH - £430,000

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.

15 CHERTSEY CLOSE is a small extended detached house of 102m², built sometime between 1996 and 2002, which could now be worth an estimated £481,410. It was last sold for £430,000 in January 2020, which was around 22% below the average January 2020 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

15 CHERTSEY CLOSE Sold Prices

Land registry data shows two sales for 15 CHERTSEY CLOSE 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 15 CHERTSEY 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
2020 17 JAN	£430,000	£548,273	22% below HPI
2004 18 NOV	£242,000	£303,412	20% below HPI

15 CHERTSEY CLOSE 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 15 CHERTSEY CLOSE sales from November 2004 and January 2020 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 November 2004 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 15 CHERTSEY CLOSE be worth now?

15 CHERTSEY CLOSE might now be worth an estimated £481,410.

This is based on house price inflation of 12%, between January 2020 and June 2025, 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 12% inflationary increase is applied to the most recent sale price for 15 CHERTSEY CLOSE of £430,000 on 17th January 2020. For the value to have increased from £430,000 to £481,410 over the four years and seven months to June 2025, the following assumptions must hold true:

• The value of 15 CHERTSEY CLOSE has moved in line with the HPI for detached houses in the Southend-on-Sea local authority area.
• The January 2020 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 15 CHERTSEY CLOSE has not materially changed since January 2020.

How Large is 15 CHERTSEY CLOSE?

15 CHERTSEY CLOSE is 102m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 30% of detached houses houses in Shoeburyness, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shoeburyness, and where 15 CHERTSEY CLOSE lies on this distribution: 25% of detached houses houses are smaller than 15 CHERTSEY CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Shoeburyness.

15 CHERTSEY CLOSE: Plot and Title Map

15 CHERTSEY CLOSE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 15 CHERTSEY 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 15 CHERTSEY 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 15 CHERTSEY CLOSE?

15 CHERTSEY CLOSE is located in SHOEBURYNESS, in the SS3 postcode district. The below map shows the position of No. 15 on CHERTSEY CLOSE.