NEW COURT PLACE, 56A, SNAKES LANE, SOUTHEND-ON-SEA, SS2 6UD - £190,000

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.

NEW COURT PLACE is a very small terraced house of 60m², built sometime between 1991 and 1995, which could now be worth an estimated £291,018. It was last sold for £190,000 in June 2015, which was around 8% below the average June 2015 terraced price in the Southend-on-Sea local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

NEW COURT PLACE Sold Prices

Land registry data shows two sales for NEW COURT PLACE 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. One of the two NEW COURT PLACE sales was for below the average price, whilst the other was 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
2015 30 JUN	£190,000	£206,591	8% below HPI
2002 24 JAN	£100,000	£85,265	17% above HPI

NEW COURT PLACE 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 NEW COURT PLACE sales from January 2002 and June 2015 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 January 2002 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the June 2015 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might NEW COURT PLACE be worth now?

NEW COURT PLACE might now be worth an estimated £291,018.

This is based on house price inflation of 53.2%, between June 2015 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 53.2% inflationary increase is applied to the most recent sale price for NEW COURT PLACE of £190,000 on 30th June 2015. For the value to have increased from £190,000 to £291,018 over the ten years to June 2025, the following assumptions must hold true:

• The value of NEW COURT PLACE has moved in line with the HPI for terraced houses in the Southend-on-Sea local authority area.
• The June 2015 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of NEW COURT PLACE has not materially changed since June 2015.

How Large is NEW COURT PLACE?

NEW COURT PLACE is 60m² according to the EPC inspection conducted in October 2018. 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 NEW COURT PLACE lies on this distribution: 3% of terraced houses houses are smaller than NEW COURT PLACE, and 97% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

NEW COURT PLACE: Plot and Title Map

NEW COURT PLACE sits on a plot of roughly 0.041 of an acre, or 166m². The below map shows the location of NEW COURT PLACE, 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 NEW COURT PLACE). 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 NEW COURT PLACE?

NEW COURT PLACE is located on SNAKES LANE in SOUTHEND-ON-SEA, in the SS2 postcode district. The below map shows the position of NEW COURT PLACE on SNAKES LANE.