16, GREENOAKS CLOSE, BENFLEET, SS7 1HQ - £422,500

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

16 GREENOAKS CLOSE is a very small detached house of 85m², built sometime between 1967 and 1975. It was last sold for £422,500 in November 2023, which was around 14% below the average November 2023 detached price in the Castle Point local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was B.

16 GREENOAKS CLOSE Sold Prices

Land registry data shows two sales for 16 GREENOAKS 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. Both of the two 16 GREENOAKS CLOSE sales were 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 17 NOV	£422,500	£490,220	14% below HPI
2015 2 APR	£300,000	£302,785	1% below HPI

16 GREENOAKS 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 16 GREENOAKS CLOSE sales from April 2015 and November 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 April 2015 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the November 2023 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 16 GREENOAKS CLOSE?

16 GREENOAKS CLOSE is 85m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% 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 16 GREENOAKS CLOSE lies on this distribution: 14% of detached houses are smaller than 16 GREENOAKS CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in South Benfleet.

16 GREENOAKS CLOSE: Plot and Title Map

16 GREENOAKS CLOSE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 16 GREENOAKS 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 16 GREENOAKS 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 16 GREENOAKS CLOSE?

16 GREENOAKS CLOSE is located in BENFLEET, in the SS7 postcode district. The below map shows the position of No. 16 on GREENOAKS CLOSE.