56, BUTTERYS, SOUTHEND-ON-SEA, SS1 3DU - £427,000

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.

56 BUTTERYS is a small semi-detached house of 96m², built sometime between 1967 and 1975, which could now be worth an estimated £496,717. It was last sold for £427,000 in March 2021, which was around 15% above the average March 2021 semi-detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

56 BUTTERYS Sold Prices

Land registry data shows four sales for 56 BUTTERYS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Southend-on-Sea local authority area for the corresponding sale date. All of the four 56 BUTTERYS 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
2021 1 MAR	£427,000	£369,837	15% above HPI
2016 21 DEC	£325,000	£321,404	1% above HPI
2008 18 AUG	£246,000	£214,775	15% above HPI
2002 25 FEB	£131,000	£116,426	13% above HPI

56 BUTTERYS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Southend-on-Sea local authority area over time, sourced from the HPI. The four 56 BUTTERYS sales between February 2002 and March 2021 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 December 2016 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2021 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 56 BUTTERYS be worth now?

56 BUTTERYS might now be worth an estimated £496,717.

This is based on house price inflation of 16.3%, between March 2021 and March 2026, for semi-detached 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 16.3% inflationary increase is applied to the most recent sale price for 56 BUTTERYS of £427,000 on 1st March 2021. For the value to have increased from £427,000 to £496,717 over the five years to March 2026, the following assumptions must hold true:

• The value of 56 BUTTERYS has moved in line with the HPI for semi-detached houses in the Southend-on-Sea local authority area.
• The March 2021 sale price of £427,000 represented a fair market value for the property.
• The size, condition, and specification of 56 BUTTERYS has not materially changed since March 2021.

How Large is 56 BUTTERYS?

56 BUTTERYS is 96m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 30% of semi-detached houses houses in Southend-on-Sea, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Southend-on-Sea, and where 56 BUTTERYS lies on this distribution: 28% of semi-detached houses houses are smaller than 56 BUTTERYS, and 71% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

56 BUTTERYS: Plot and Title Map

56 BUTTERYS sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 56 BUTTERYS, 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 56 BUTTERYS). 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 56 BUTTERYS?

56 BUTTERYS is located in SOUTHEND-ON-SEA, in the SS1 postcode district. The below map shows the position of No. 56 on BUTTERYS.