15, PARK TERRACE, WESTCLIFF-ON-SEA, SS0 7PH - £192,000

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 PARK TERRACE is a large terraced house of 137m², built sometime between 1930 and 1949, which could now be worth an estimated £391,210. It was last sold for £192,000 in August 2009, which was around 24% above the average August 2009 terraced price in the Southend-on-Sea local authority area. The most recent EPC inspection was December 2008, where the current energy rating was E, and the potential energy rating was E.

15 PARK TERRACE Sold Prices

Land registry data shows two sales for 15 PARK TERRACE 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. One of the two 15 PARK TERRACE sales was for above the average price, whilst the other was roughly equal to 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
2009 17 AUG	£192,000	£155,299	24% above HPI
1998 23 JUL	£55,000	£54,754	Close to HPI

15 PARK TERRACE 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 15 PARK TERRACE sales from July 1998 and August 2009 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 1998 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2009 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 15 PARK TERRACE be worth now?

15 PARK TERRACE might now be worth an estimated £391,210.

This is based on house price inflation of 103.8%, between August 2009 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 103.8% inflationary increase is applied to the most recent sale price for 15 PARK TERRACE of £192,000 on 17th August 2009. For the value to have increased from £192,000 to £391,210 over the sixteen years and two months to June 2025, the following assumptions must hold true:

• The value of 15 PARK TERRACE has moved in line with the HPI for terraced houses in the Southend-on-Sea local authority area.
• The August 2009 sale price of £192,000 represented a fair market value for the property.
• The size, condition, and specification of 15 PARK TERRACE has not materially changed since August 2009.

How Large is 15 PARK TERRACE?

15 PARK TERRACE is 137m² according to the EPC inspection conducted in December 2008. This puts it in the largest 40% 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 15 PARK TERRACE lies on this distribution: 62% of terraced houses houses are smaller than 15 PARK TERRACE, and 38% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

15 PARK TERRACE: Plot and Title Map

15 PARK TERRACE sits on a plot of roughly 0.033 of an acre, or 132m². The below map shows the location of 15 PARK TERRACE, 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 PARK TERRACE). 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 PARK TERRACE?

15 PARK TERRACE is located in WESTCLIFF-ON-SEA, in the SS0 postcode district. The below map shows the position of No. 15 on PARK TERRACE.