40, TEIGNGRACE, SHOEBURYNESS, SOUTHEND-ON-SEA, SS3 8AH - £350,000

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.

40 TEIGNGRACE is a very small semi-detached house of 74m², built sometime between 1976 and 1982, which could now be worth an estimated £349,217. It was last sold for £350,000 in June 2022, which was around 16% below the average June 2022 semi-detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

40 TEIGNGRACE Sold Prices

Land registry data shows four sales for 40 TEIGNGRACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Southend-on-Sea local authority area for the corresponding sale date. Most of the four 40 TEIGNGRACE sales 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
2022 27 JUN	£350,000	£417,152	16% below HPI
2005 5 SEP	£199,995	£197,505	1% above HPI
2004 6 SEP	£195,000	£193,705	1% above HPI
1999 5 JAN	£82,000	£75,477	9% above HPI

40 TEIGNGRACE 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 four 40 TEIGNGRACE sales between January 1999 and June 2022 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 September 2005 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2022 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 40 TEIGNGRACE be worth now?

40 TEIGNGRACE might now be worth an estimated £349,217.

This is based on house price deflation of 0.2%, between June 2022 and February 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 0.2% deflationary decrease is applied to the most recent sale price for 40 TEIGNGRACE of £350,000 on 27th June 2022. For the value to have decreased from £350,000 to £349,217 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 40 TEIGNGRACE has moved in line with the HPI for semi-detached houses in the Southend-on-Sea local authority area.
• The June 2022 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 40 TEIGNGRACE has not materially changed since June 2022.

How Large is 40 TEIGNGRACE?

40 TEIGNGRACE is 74m² according to the EPC inspection conducted in January 2022. 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 40 TEIGNGRACE lies on this distribution: 6% of semi-detached houses houses are smaller than 40 TEIGNGRACE, and 94% of houses are larger. Note that EPC data is not available for all properties in Shoeburyness.

40 TEIGNGRACE: Plot and Title Map

40 TEIGNGRACE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 40 TEIGNGRACE, 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 TEIGNGRACE). 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 TEIGNGRACE?

40 TEIGNGRACE is located in SHOEBURYNESS, in the SS3 postcode district. The below map shows the position of No. 40 on TEIGNGRACE.