18, DOWNESWAY, BENFLEET, SS7 1EE - £177,000

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

18 DOWNESWAY is a very small semi-detached house of 60m², built sometime between 1900 and 1929. It was last sold for £177,000 in October 2013, which was around 33% below the average October 2013 detached price in the Castle Point local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

18 DOWNESWAY Sold Prices

Land registry data shows two sales for 18 DOWNESWAY 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 18 DOWNESWAY 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
2013 22 OCT	£177,000	£262,574	33% below HPI
2004 14 MAY	£159,995	£232,359	31% below HPI

18 DOWNESWAY 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 18 DOWNESWAY sales from May 2004 and October 2013 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 May 2004 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2013 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 18 DOWNESWAY?

18 DOWNESWAY is 60m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% 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 18 DOWNESWAY lies on this distribution: 2% of detached houses are smaller than 18 DOWNESWAY, and 98% of houses are larger. Note that EPC data is not available for all properties in South Benfleet.

18 DOWNESWAY: Plot and Title Map

18 DOWNESWAY sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 18 DOWNESWAY, 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 18 DOWNESWAY). 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 18 DOWNESWAY?

18 DOWNESWAY is located in BENFLEET, in the SS7 postcode district. The below map shows the position of No. 18 on DOWNESWAY.