Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
115 SPENCER ROAD is a small extended detached house of 108m², built sometime between 1950 and 1966. It was last sold for £527,000 in December 2023, which was around 9% above the average December 2023 detached price in the Castle Point local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 115 SPENCER ROAD since 1st 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. One of the two 115 SPENCER ROAD sales was for above the average price, whilst the other was 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 6 DEC | £527,000 | £484,452 | 9% above HPI |
2021 11 JUN | £265,000 | £434,775 | 39% below HPI |
The below graph shows the average detached house price in the Castle Point local authority area over time, sourced from the HPI. The two 115 SPENCER ROAD sales from June 2021 and December 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 June 2021 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the December 2023 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.
115 SPENCER ROAD is 108m², which includes two extensions, according to the EPC inspection conducted in December 2022. This puts it in the smallest 40% of detached houses in Thundersley, based on EPC data. The below chart shows the distribution of detached houses by size in Thundersley, and where 115 SPENCER ROAD lies on this distribution: 38% of detached houses are smaller than 115 SPENCER ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Thundersley.
115 SPENCER ROAD sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 115 SPENCER ROAD, 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 115 SPENCER ROAD). 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.
115 SPENCER ROAD is located in BENFLEET, in the SS7 postcode district. The below map shows the position of No. 115 on SPENCER ROAD.