41, GRASMEAD AVENUE, LEIGH-ON-SEA, SS9 3LA - £390,000

41 GRASMEAD AVENUE is a very small semi-detached house of 83m², built sometime between 1930 and 1949. It was last sold for £390,000 in January 2017, which was around 20% below the average January 2017 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was D.

41 GRASMEAD AVENUE Sold Prices

Land registry data shows four sales for 41 GRASMEAD AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Southend-on-Sea local authority area for the corresponding sale date. All of the four 41 GRASMEAD 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
2017 31 JAN	£390,000	£486,647	20% below HPI
2012 9 FEB	£260,000	£322,085	19% below HPI
2003 13 NOV	£195,000	£260,071	25% below HPI
2000 29 JUN	£108,000	£148,998	28% below HPI

41 GRASMEAD 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 four 41 GRASMEAD AVENUE sales between June 2000 and January 2017 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 February 2012 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the January 2017 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 41 GRASMEAD AVENUE?

41 GRASMEAD AVENUE is 83m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 20% 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 41 GRASMEAD AVENUE lies on this distribution: 18% of detached houses are smaller than 41 GRASMEAD AVENUE, and 82% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

41 GRASMEAD AVENUE: Plot and Title Map

41 GRASMEAD AVENUE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 41 GRASMEAD 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 41 GRASMEAD 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 41 GRASMEAD AVENUE?

41 GRASMEAD AVENUE is located in LEIGH-ON-SEA, in the SS9 postcode district. The below map shows the position of No. 41 on GRASMEAD AVENUE.