12, OAKWOOD CLOSE, BENFLEET, SS7 5SB - £375,000

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

12 OAKWOOD CLOSE is a midsized extended detached house of 134m², built sometime between 1950 and 1966. It was last sold for £375,000 in June 2017, which was around 5% below the average June 2017 detached price in the Castle Point local authority area. The most recent EPC inspection was June 2011, where the current energy rating was F, and the potential energy rating was E.

12 OAKWOOD CLOSE Sold Prices

Land registry data shows two sales for 12 OAKWOOD CLOSE 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. One of the two 12 OAKWOOD CLOSE 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
2017 12 JUN	£375,000	£394,346	5% below HPI
2012 5 OCT	£265,000	£256,554	3% above HPI

12 OAKWOOD CLOSE 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 12 OAKWOOD CLOSE sales from October 2012 and June 2017 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 October 2012 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2017 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 12 OAKWOOD CLOSE?

12 OAKWOOD CLOSE is 134m², which includes two extensions, according to the EPC inspection conducted in June 2011. This puts it in the largest 50% of detached houses in South Benfleet, based on EPC data. The below chart shows the distribution of detached houses by size in South Benfleet, and where 12 OAKWOOD CLOSE lies on this distribution: 53% of detached houses are smaller than 12 OAKWOOD CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in South Benfleet.

12 OAKWOOD CLOSE: Plot and Title Map

12 OAKWOOD CLOSE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 12 OAKWOOD CLOSE, 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 12 OAKWOOD CLOSE). 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 12 OAKWOOD CLOSE?

12 OAKWOOD CLOSE is located in BENFLEET, in the SS7 postcode district. The below map shows the position of No. 12 on OAKWOOD CLOSE.