40, OAKWOOD AVENUE, LEIGH-ON-SEA, SS9 4JX - £65,000

40 OAKWOOD AVENUE is a very small extended detached house of 46m², built sometime between 1950 and 1966. It was last sold for £65,000 in August 1999, which was around 49% below the average August 1999 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

40 OAKWOOD AVENUE Sold Prices

Land registry data shows two sales for 40 OAKWOOD 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 40 OAKWOOD 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
1999 12 AUG	£65,000	£128,428	49% below HPI
1998 5 JAN	£50,000	£110,477	55% below HPI

40 OAKWOOD 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 40 OAKWOOD AVENUE sales from January 1998 and August 1999 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 1998 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the August 1999 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 40 OAKWOOD AVENUE?

40 OAKWOOD AVENUE is 46m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% 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 40 OAKWOOD AVENUE lies on this distribution: 1% of detached houses are smaller than 40 OAKWOOD AVENUE, and 99% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

40 OAKWOOD AVENUE: Plot and Title Map

40 OAKWOOD AVENUE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 40 OAKWOOD 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 40 OAKWOOD 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 40 OAKWOOD AVENUE?

40 OAKWOOD AVENUE is located in LEIGH-ON-SEA, in the SS9 postcode district. The below map shows the position of No. 40 on OAKWOOD AVENUE.