2, OAKFIELD CLOSE, BENFLEET, SS7 5NT - £265,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 OAKFIELD CLOSE is a small detached house of 100m², built sometime between 1967 and 1975. It was last sold for £265,000 in September 2013, which was around 2% above the average September 2013 detached price in the Castle Point local authority area. The most recent EPC inspection was June 2013, where the current energy rating was F, and the potential energy rating was D.

2 OAKFIELD CLOSE Sold Prices

Land registry data shows two sales for 2 OAKFIELD 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 2 OAKFIELD CLOSE 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
2013 2 SEP	£265,000	£258,858	2% above HPI
2003 28 MAR	£227,500	£208,980	9% above HPI

2 OAKFIELD 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 2 OAKFIELD CLOSE sales from March 2003 and September 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 March 2003 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the September 2013 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 2 OAKFIELD CLOSE?

2 OAKFIELD CLOSE is 100m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 30% 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 2 OAKFIELD CLOSE lies on this distribution: 25% of detached houses are smaller than 2 OAKFIELD CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in South Benfleet.

2 OAKFIELD CLOSE: Plot and Title Map

2 OAKFIELD CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 2 OAKFIELD 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 2 OAKFIELD 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 2 OAKFIELD CLOSE?

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