3, MILBANKE CLOSE, SHOEBURYNESS, SOUTHEND-ON-SEA, SS3 8BU - £89,500

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.

3 MILBANKE CLOSE is a very small semi-detached house of 56m², built sometime between 1991 and 1995, which could now be worth an estimated £309,586. It was last sold for £89,500 in March 2002, which was around 24% below the average March 2002 semi-detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

3 MILBANKE CLOSE Sold Prices

Land registry data shows two sales for 3 MILBANKE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Southend-on-Sea local authority area for the corresponding sale date. Both of the two 3 MILBANKE 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
2002 27 MAR	£89,500	£118,086	24% below HPI
1995 9 JUN	£50,105	£58,032	14% below HPI

3 MILBANKE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Southend-on-Sea local authority area over time, sourced from the HPI. The two 3 MILBANKE CLOSE sales from June 1995 and March 2002 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 June 1995 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2002 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 3 MILBANKE CLOSE be worth now?

3 MILBANKE CLOSE might now be worth an estimated £309,586.

This is based on house price inflation of 245.9%, between March 2002 and June 2025, for semi-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 245.9% inflationary increase is applied to the most recent sale price for 3 MILBANKE CLOSE of £89,500 on 27th March 2002. For the value to have increased from £89,500 to £309,586 over the 22 years and nine months to June 2025, the following assumptions must hold true:

• The value of 3 MILBANKE CLOSE has moved in line with the HPI for semi-detached houses in the Southend-on-Sea local authority area.
• The March 2002 sale price of £89,500 represented a fair market value for the property.
• The size, condition, and specification of 3 MILBANKE CLOSE has not materially changed since March 2002.

How Large is 3 MILBANKE CLOSE?

3 MILBANKE CLOSE is 56m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 10% of semi-detached houses houses in Shoeburyness, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Shoeburyness, and where 3 MILBANKE CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 3 MILBANKE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Shoeburyness.

3 MILBANKE CLOSE: Plot and Title Map

3 MILBANKE CLOSE sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 3 MILBANKE 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 3 MILBANKE 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 3 MILBANKE CLOSE?

3 MILBANKE CLOSE is located in SHOEBURYNESS, in the SS3 postcode district. The below map shows the position of No. 3 on MILBANKE CLOSE.