172, FAIRFAX DRIVE, WESTCLIFF-ON-SEA, SS0 9BE - £197,000

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.

172 FAIRFAX DRIVE is a very small terraced house of 87m², built sometime between 1930 and 1949, which could now be worth an estimated £271,227. It was last sold for £197,000 in March 2016, which was around 14% below the average March 2016 terraced price in the Southend-on-Sea local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was B.

172 FAIRFAX DRIVE Sold Prices

Land registry data shows four sales for 172 FAIRFAX DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Southend-on-Sea local authority area for the corresponding sale date. two of the four 172 FAIRFAX DRIVE sales were for below the average price, and four 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
2016 24 MAR	£197,000	£229,832	14% below HPI
2007 25 JUL	£156,000	£176,494	12% below HPI
2004 1 APR	£142,500	£137,405	4% above HPI
2003 5 JUN	£177,500	£119,483	49% above HPI

172 FAIRFAX DRIVE 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 four 172 FAIRFAX DRIVE sales between June 2003 and March 2016 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 2007 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2016 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 172 FAIRFAX DRIVE be worth now?

172 FAIRFAX DRIVE might now be worth an estimated £271,227.

This is based on house price inflation of 37.7%, between March 2016 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 37.7% inflationary increase is applied to the most recent sale price for 172 FAIRFAX DRIVE of £197,000 on 24th March 2016. For the value to have increased from £197,000 to £271,227 over the eight years and nine months to June 2025, the following assumptions must hold true:

• The value of 172 FAIRFAX DRIVE has moved in line with the HPI for terraced houses in the Southend-on-Sea local authority area.
• The March 2016 sale price of £197,000 represented a fair market value for the property.
• The size, condition, and specification of 172 FAIRFAX DRIVE has not materially changed since March 2016.

How Large is 172 FAIRFAX DRIVE?

172 FAIRFAX DRIVE is 87m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% 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 172 FAIRFAX DRIVE lies on this distribution: 19% of terraced houses houses are smaller than 172 FAIRFAX DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

172 FAIRFAX DRIVE: Plot and Title Map

172 FAIRFAX DRIVE sits on a plot of roughly 0.027 of an acre, or 111m². The below map shows the location of 172 FAIRFAX DRIVE, 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 172 FAIRFAX DRIVE). 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 172 FAIRFAX DRIVE?

172 FAIRFAX DRIVE is located in WESTCLIFF-ON-SEA, in the SS0 postcode district. The below map shows the position of No. 172 on FAIRFAX DRIVE.