16, MADEIRA AVENUE, LEIGH-ON-SEA, SS9 3EB - £449,000

16 MADEIRA AVENUE is a large detached house of 140m², built sometime between 1930 and 1949. It was last sold for £449,000 in July 2017, which was around 9% below the average July 2017 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was B.

16 MADEIRA AVENUE Sold Prices

Land registry data shows two sales for 16 MADEIRA AVENUE 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 16 MADEIRA AVENUE 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
2017 14 JUL	£449,000	£494,133	9% below HPI
2003 20 JAN	£165,000	£244,412	32% below HPI

16 MADEIRA 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 two 16 MADEIRA AVENUE sales from January 2003 and July 2017 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 January 2003 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2017 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 16 MADEIRA AVENUE?

16 MADEIRA AVENUE is 140m² according to the EPC inspection conducted in March 2017. This puts it in the largest 40% 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 16 MADEIRA AVENUE lies on this distribution: 64% of detached houses are smaller than 16 MADEIRA AVENUE, and 36% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

16 MADEIRA AVENUE: Plot and Title Map

16 MADEIRA AVENUE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 16 MADEIRA 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 16 MADEIRA 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 16 MADEIRA AVENUE?

16 MADEIRA AVENUE is located in LEIGH-ON-SEA, in the SS9 postcode district. The below map shows the position of No. 16 on MADEIRA AVENUE.