3, CHANCEL CLOSE, BENFLEET, SS7 4ET - £370,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 CHANCEL CLOSE is a very small semi-detached house of 82m², built sometime between 1950 and 1966, which could now be worth an estimated £406,127. It was last sold for £370,000 in July 2021, which was around 20% above the average July 2021 semi-detached price in the Castle Point local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was B.

3 CHANCEL CLOSE Sold Prices

Land registry data shows two sales for 3 CHANCEL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Castle Point local authority area for the corresponding sale date. One of the two 3 CHANCEL CLOSE sales was for above the average price, whilst the other was 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
2021 22 JUL	£370,000	£309,388	20% above HPI
2018 14 SEP	£288,000	£289,459	1% below HPI

3 CHANCEL CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Castle Point local authority area over time, sourced from the HPI. The two 3 CHANCEL CLOSE sales from September 2018 and July 2021 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 September 2018 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2021 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 3 CHANCEL CLOSE be worth now?

3 CHANCEL CLOSE might now be worth an estimated £406,127.

This is based on house price inflation of 9.8%, between July 2021 and February 2025, for semi-detached houses, in the Castle Point local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.8% inflationary increase is applied to the most recent sale price for 3 CHANCEL CLOSE of £370,000 on 22nd July 2021. For the value to have increased from £370,000 to £406,127 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 3 CHANCEL CLOSE has moved in line with the HPI for semi-detached houses in the Castle Point local authority area.
• The July 2021 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CHANCEL CLOSE has not materially changed since July 2021.

How Large is 3 CHANCEL CLOSE?

3 CHANCEL CLOSE is 82m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 20% of semi-detached houses houses in Thundersley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Thundersley, and where 3 CHANCEL CLOSE lies on this distribution: 15% of semi-detached houses houses are smaller than 3 CHANCEL CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Thundersley.

3 CHANCEL CLOSE: Plot and Title Map

3 CHANCEL CLOSE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 3 CHANCEL 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 3 CHANCEL 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 3 CHANCEL CLOSE?

3 CHANCEL CLOSE is located in BENFLEET, in the SS7 postcode district. The below map shows the position of No. 3 on CHANCEL CLOSE.