45, CAVERSHAM AVENUE, SHOEBURYNESS, SOUTHEND-ON-SEA, SS3 8TX - £237,500

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.

45 CAVERSHAM AVENUE is a very small terraced house of 41m², built sometime between 1991 and 1995, which could now be worth an estimated £245,807. It was last sold for £237,500 in October 2023, which was around 26% below the average October 2023 terraced price in the Southend-on-Sea local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was A.

45 CAVERSHAM AVENUE Sold Prices

Land registry data shows six sales for 45 CAVERSHAM AVENUE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Southend-on-Sea local authority area for the corresponding sale date. All of the six 45 CAVERSHAM 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
2023 13 OCT	£237,500	£322,836	26% below HPI
2019 27 FEB	£170,000	£267,600	36% below HPI
2005 20 DEC	£115,000	£153,815	25% below HPI
2003 31 JUL	£99,000	£121,916	19% below HPI
1997 27 JUN	£38,000	£49,141	23% below HPI
1995 13 JAN	£37,000	£42,186	12% below HPI

45 CAVERSHAM AVENUE 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 six 45 CAVERSHAM AVENUE sales between January 1995 and October 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 February 2019 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2023 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 45 CAVERSHAM AVENUE be worth now?

45 CAVERSHAM AVENUE might now be worth an estimated £245,807.

This is based on house price inflation of 3.5%, between October 2023 and May 2026, 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 3.5% inflationary increase is applied to the most recent sale price for 45 CAVERSHAM AVENUE of £237,500 on 13th October 2023. For the value to have increased from £237,500 to £245,807 over the three years and five months to May 2026, the following assumptions must hold true:

• The value of 45 CAVERSHAM AVENUE has moved in line with the HPI for terraced houses in the Southend-on-Sea local authority area.
• The October 2023 sale price of £237,500 represented a fair market value for the property.
• The size, condition, and specification of 45 CAVERSHAM AVENUE has not materially changed since October 2023.

How Large is 45 CAVERSHAM AVENUE?

45 CAVERSHAM AVENUE is 41m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 10% of terraced houses houses in Shoeburyness, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Shoeburyness, and where 45 CAVERSHAM AVENUE lies on this distribution: Less than 1% of terraced houses houses are smaller than 45 CAVERSHAM AVENUE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Shoeburyness.

45 CAVERSHAM AVENUE: Plot and Title Map

45 CAVERSHAM AVENUE sits on a plot of roughly 0.022 of an acre, or 91m². The below map shows the location of 45 CAVERSHAM 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 45 CAVERSHAM 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 45 CAVERSHAM AVENUE?

45 CAVERSHAM AVENUE is located in SHOEBURYNESS, in the SS3 postcode district. The below map shows the position of No. 45 on CAVERSHAM AVENUE.