407, FAIRFAX DRIVE, WESTCLIFF-ON-SEA, SS0 9LY - £295,300

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.

407 FAIRFAX DRIVE is a very small terraced house of 56m², built sometime between 1900 and 1929, which could now be worth an estimated £295,480. It was last sold for £295,300 in August 2023, which was around 7% below the average August 2023 terraced price in the Southend-on-Sea local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

407 FAIRFAX DRIVE Sold Prices

Land registry data shows three sales for 407 FAIRFAX 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. All of the three 407 FAIRFAX DRIVE 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
2023 11 AUG	£295,300	£316,237	7% below HPI
2015 20 NOV	£186,995	£220,883	15% below HPI
2002 17 MAY	£72,500	£91,459	21% below HPI

407 FAIRFAX 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 407 FAIRFAX DRIVE sales between May 2002 and August 2023 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 November 2015 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2023 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 407 FAIRFAX DRIVE be worth now?

407 FAIRFAX DRIVE might now be worth an estimated £295,480.

This is based on house price inflation of 0.1%, between August 2023 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 0.1% inflationary increase is applied to the most recent sale price for 407 FAIRFAX DRIVE of £295,300 on 11th August 2023. For the value to have increased from £295,300 to £295,480 over the two years and two months to June 2025, the following assumptions must hold true:

• The value of 407 FAIRFAX DRIVE has moved in line with the HPI for terraced houses in the Southend-on-Sea local authority area.
• The August 2023 sale price of £295,300 represented a fair market value for the property.
• The size, condition, and specification of 407 FAIRFAX DRIVE has not materially changed since August 2023.

How Large is 407 FAIRFAX DRIVE?

407 FAIRFAX DRIVE is 56m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% 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 407 FAIRFAX DRIVE lies on this distribution: 2% of terraced houses houses are smaller than 407 FAIRFAX DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

407 FAIRFAX DRIVE: Plot and Title Map

407 FAIRFAX DRIVE sits on a plot of roughly 0.031 of an acre, or 124m². The below map shows the location of 407 FAIRFAX 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 407 FAIRFAX 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 407 FAIRFAX DRIVE?

407 FAIRFAX DRIVE is located in WESTCLIFF-ON-SEA, in the SS0 postcode district. The below map shows the position of No. 407 on FAIRFAX DRIVE.