116, NEW ROAD, BENFLEET, SS7 2RG - £575,000

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.

116 NEW ROAD is a very large extended detached house of 171m², built sometime between 1900 and 1929, which could now be worth an estimated £623,746. It was last sold for £575,000 in March 2021, which was around 36% 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.

116 NEW ROAD Sold Prices

Land registry data shows three sales for 116 NEW ROAD since 1^st 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	£422,394	36% above HPI
2007 8 AUG	£363,000	£266,422	36% above HPI
2004 27 MAY	£295,000	£229,146	29% above HPI

116 NEW ROAD 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 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 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the March 2021 sale, which was also at 36% above the HPI.

What might 116 NEW ROAD be worth now?

116 NEW ROAD might now be worth an estimated £623,746.

This is based on house price inflation of 8.5%, between March 2021 and March 2025, 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 8.5% inflationary increase is applied to the most recent sale price for 116 NEW ROAD of £575,000 on 10th March 2021. For the value to have increased from £575,000 to £623,746 over the four years to March 2025, the following assumptions must hold true:

• The value of 116 NEW ROAD has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The March 2021 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 116 NEW ROAD has not materially changed since March 2021.

How Large is 116 NEW ROAD?

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 houses in Hadleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hadleigh, and where 116 NEW ROAD lies on this distribution: 89% of detached houses 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: Plot and Title Map

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.

Where is 116 NEW ROAD?

116 NEW ROAD is located in BENFLEET, in the SS7 postcode district. The below map shows the position of No. 116 on NEW ROAD.