1, THE OAKS, BENFLEET, SS7 1FR - £550,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 THE OAKS is a midsized detached house of 131m², which could now be worth an estimated £616,744. It was last sold for £550,000 in June 2021, which was around 28% above the average June 2021 detached price in the Castle Point local authority area. The most recent EPC inspection was November 2014, where the current energy rating was B, and the potential energy rating was A.

1 THE OAKS Sold Prices

Land registry data shows two sales for 1 THE OAKS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Castle Point local authority area for the corresponding sale date. Both of the two 1 THE OAKS 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 3 JUN	£550,000	£428,761	28% above HPI
2014 28 NOV	£439,995	£299,571	47% above HPI

1 THE OAKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Castle Point local authority area over time, sourced from the HPI. The two 1 THE OAKS sales from November 2014 and June 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 November 2014 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the June 2021 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 1 THE OAKS be worth now?

1 THE OAKS might now be worth an estimated £616,744.

This is based on house price inflation of 12.1%, between June 2021 and December 2024, for detached houses, in the Castle Point local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.1% inflationary increase is applied to the most recent sale price for 1 THE OAKS of £550,000 on 3rd June 2021. For the value to have increased from £550,000 to £616,744 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 1 THE OAKS has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The June 2021 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE OAKS has not materially changed since June 2021.

How Large is 1 THE OAKS?

1 THE OAKS is 131m² according to the EPC inspection conducted in November 2014. This puts it in the largest 40% of detached houses houses in Thundersley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thundersley, and where 1 THE OAKS lies on this distribution: 59% of detached houses houses are smaller than 1 THE OAKS, and 38% of houses are larger. Note that EPC data is not available for all properties in Thundersley.

1 THE OAKS: Plot and Title Map

1 THE OAKS sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 1 THE OAKS, 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 1 THE OAKS). 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 1 THE OAKS?

1 THE OAKS is located in BENFLEET, in the SS7 postcode district. The below map shows the position of No. 1 on THE OAKS.