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
3 FERNLEA ROAD is a midsized extended detached house of 118m², built sometime between 1967 and 1975. It was last sold for £435,000 in January 2021, which was about the average January 2021 detached price in the Castle Point local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 3 FERNLEA ROAD since 1st 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. One of the two 3 FERNLEA ROAD sales was roughly equal to the average price, whilst the other was 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 |
---|---|---|---|
2021 5 JAN | £435,000 | £433,284 | Close to HPI |
2002 4 OCT | £217,500 | £188,739 | 15% above HPI |
The below graph shows the average detached house price in the Castle Point local authority area over time, sourced from the HPI. The two 3 FERNLEA ROAD sales from October 2002 and January 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 October 2002 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the January 2021 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.
3 FERNLEA ROAD is 118m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 50% 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 3 FERNLEA ROAD lies on this distribution: 41% of detached houses are smaller than 3 FERNLEA ROAD, and 58% of houses are larger. Note that EPC data is not available for all properties in South Benfleet.
3 FERNLEA ROAD sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 3 FERNLEA 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 3 FERNLEA 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.
3 FERNLEA ROAD is located in BENFLEET, in the SS7 postcode district. The below map shows the position of No. 3 on FERNLEA ROAD.