Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
116 NEW ROAD is a very large extended detached house of 171m², built sometime between 1900 and 1929. It was last sold for £575,000 in March 2021, which was around 34% above the average March 2021 detached price in the Castle Point local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows three sales for 116 NEW ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Castle Point local authority area for the corresponding sale date. All of the three 116 NEW ROAD 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 10 MAR | £575,000 | £428,319 | 34% above HPI |
2007 8 AUG | £363,000 | £270,158 | 34% above HPI |
2004 27 MAY | £295,000 | £232,359 | 27% above HPI |
The below graph shows the average detached house price in the Castle Point local authority area over time, sourced from the HPI. The three 116 NEW ROAD sales between May 2004 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 August 2007 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the March 2021 sale, which was also at 34% above the HPI.
116 NEW ROAD is 171m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 20% of detached houses in Hadleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Hadleigh, and where 116 NEW ROAD lies on this distribution: 89% of detached houses are smaller than 116 NEW ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Hadleigh.
116 NEW ROAD sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of 116 NEW 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 116 NEW 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.
116 NEW ROAD is located in BENFLEET, in the SS7 postcode district. The below map shows the position of No. 116 on NEW ROAD.