50, THORNDON PARK DRIVE, LEIGH-ON-SEA, SS9 4RF - £425,000

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.

50 THORNDON PARK DRIVE is a very small extended terraced house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £505,020. It was last sold for £425,000 in June 2018, which was around 60% above the average June 2018 terraced price in the Southend-on-Sea local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

50 THORNDON PARK DRIVE Sold Prices

Land registry data shows two sales for 50 THORNDON PARK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Southend-on-Sea local authority area for the corresponding sale date. Both of the two 50 THORNDON PARK DRIVE 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
2018 21 JUN	£425,000	£266,292	60% above HPI
2012 2 JUL	£215,000	£170,594	26% above HPI

50 THORNDON PARK 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 two 50 THORNDON PARK DRIVE sales from July 2012 and June 2018 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 July 2012 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the June 2018 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might 50 THORNDON PARK DRIVE be worth now?

50 THORNDON PARK DRIVE might now be worth an estimated £505,020.

This is based on house price inflation of 18.8%, between June 2018 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 18.8% inflationary increase is applied to the most recent sale price for 50 THORNDON PARK DRIVE of £425,000 on 21st June 2018. For the value to have increased from £425,000 to £505,020 over the seven years to June 2025, the following assumptions must hold true:

• The value of 50 THORNDON PARK DRIVE has moved in line with the HPI for terraced houses in the Southend-on-Sea local authority area.
• The June 2018 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 50 THORNDON PARK DRIVE has not materially changed since June 2018.

How Large is 50 THORNDON PARK DRIVE?

50 THORNDON PARK DRIVE is 77m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 20% 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 50 THORNDON PARK DRIVE lies on this distribution: 12% of terraced houses houses are smaller than 50 THORNDON PARK DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

50 THORNDON PARK DRIVE: Plot and Title Map

50 THORNDON PARK DRIVE sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 50 THORNDON PARK 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 50 THORNDON PARK 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 50 THORNDON PARK DRIVE?

50 THORNDON PARK DRIVE is located in LEIGH-ON-SEA, in the SS9 postcode district. The below map shows the position of No. 50 on THORNDON PARK DRIVE.