40, VERNON ROAD, LEIGH-ON-SEA, SS9 2NG - £550,000

40 VERNON ROAD is a large detached house of 137m², built sometime between 1996 and 2002. It was last sold for £550,000 in December 2011, which was around 71% above the average December 2011 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was October 2011, where the current energy rating was C, and the potential energy rating was C.

40 VERNON ROAD Sold Prices

Land registry data shows three sales for 40 VERNON ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Southend-on-Sea local authority area for the corresponding sale date. Two of the three 40 VERNON ROAD 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
2011 2 DEC	£550,000	£321,666	71% above HPI
2003 17 JAN	£365,000	£244,412	49% above HPI
2002 18 JAN	£155,000	£185,227	16% below HPI

40 VERNON ROAD 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 three 40 VERNON ROAD sales between January 2002 and December 2011 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 2003 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the December 2011 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

How Large is 40 VERNON ROAD?

40 VERNON ROAD is 137m² according to the EPC inspection conducted in October 2011. This puts it in the largest 40% 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 VERNON ROAD lies on this distribution: 63% of detached houses are smaller than 40 VERNON ROAD, and 37% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

40 VERNON ROAD: Plot and Title Map

40 VERNON ROAD sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 40 VERNON ROAD, 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 VERNON ROAD). 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 VERNON ROAD?

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