29, SILVERSEA DRIVE, WESTCLIFF-ON-SEA, SS0 9XD - £422,500

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.

29 SILVERSEA DRIVE is a midsized extended terraced house of 121m², built sometime between 1900 and 1929, which could now be worth an estimated £470,971. It was last sold for £422,500 in October 2020, which was around 49% above the average October 2020 terraced price in the Southend-on-Sea local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

29 SILVERSEA DRIVE Sold Prices

Land registry data shows three sales for 29 SILVERSEA DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Southend-on-Sea local authority area for the corresponding sale date. Two of the three 29 SILVERSEA DRIVE sales were for above the average price, whilst one was 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 14 OCT	£422,500	£283,864	49% above HPI
2010 31 MAR	£175,000	£164,420	6% above HPI
1995 22 NOV	£33,750	£41,331	18% below HPI

29 SILVERSEA 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 three 29 SILVERSEA DRIVE sales between November 1995 and October 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 March 2010 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the October 2020 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 29 SILVERSEA DRIVE be worth now?

29 SILVERSEA DRIVE might now be worth an estimated £470,971.

This is based on house price inflation of 11.5%, between October 2020 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 11.5% inflationary increase is applied to the most recent sale price for 29 SILVERSEA DRIVE of £422,500 on 14th October 2020. For the value to have increased from £422,500 to £470,971 over the five years and four months to June 2025, the following assumptions must hold true:

• The value of 29 SILVERSEA DRIVE has moved in line with the HPI for terraced houses in the Southend-on-Sea local authority area.
• The October 2020 sale price of £422,500 represented a fair market value for the property.
• The size, condition, and specification of 29 SILVERSEA DRIVE has not materially changed since October 2020.

How Large is 29 SILVERSEA DRIVE?

29 SILVERSEA DRIVE is 121m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the largest 50% 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 29 SILVERSEA DRIVE lies on this distribution: 50% of terraced houses houses are smaller than 29 SILVERSEA DRIVE, and 49% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

29 SILVERSEA DRIVE: Plot and Title Map

29 SILVERSEA DRIVE sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 29 SILVERSEA 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 29 SILVERSEA 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 29 SILVERSEA DRIVE?

29 SILVERSEA DRIVE is located in WESTCLIFF-ON-SEA, in the SS0 postcode district. The below map shows the position of No. 29 on SILVERSEA DRIVE.