2, CEDAR ROAD, BENFLEET, SS7 3QX - £198,000

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

2 CEDAR ROAD is a very small extended detached house of 65m², built sometime between 1950 and 1966. It was last sold for £198,000 in March 2013, which was around 22% below the average March 2013 detached price in the Castle Point local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

2 CEDAR ROAD Sold Prices

Land registry data shows three sales for 2 CEDAR 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 2 CEDAR ROAD 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 1 MAR	£198,000	£253,237	22% below HPI
2008 31 JAN	£212,000	£276,797	23% below HPI
1995 20 DEC	£57,000	£80,509	29% below HPI

2 CEDAR 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 2 CEDAR ROAD sales between December 1995 and March 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 January 2008 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2013 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 2 CEDAR ROAD?

2 CEDAR ROAD is 65m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 10% of detached houses in Thundersley, based on EPC data. The below chart shows the distribution of detached houses by size in Thundersley, and where 2 CEDAR ROAD lies on this distribution: 5% of detached houses are smaller than 2 CEDAR ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Thundersley.

2 CEDAR ROAD: Plot and Title Map

2 CEDAR ROAD sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 2 CEDAR 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 2 CEDAR 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 2 CEDAR ROAD?

2 CEDAR ROAD is located in BENFLEET, in the SS7 postcode district. The below map shows the position of No. 2 on CEDAR ROAD.