4, DOWNESWAY, BENFLEET, SS7 1EE - £278,500

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.

4 DOWNESWAY is a very small semi-detached house of 53m², built sometime between 1950 and 1966, which could now be worth an estimated £340,132. It was last sold for £278,500 in June 2017, which was about the average June 2017 semi-detached price in the Castle Point local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was B.

4 DOWNESWAY Sold Prices

Land registry data shows three sales for 4 DOWNESWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Castle Point local authority area for the corresponding sale date. The three 4 DOWNESWAY sales were a mix of roughly equal to the average price, and 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
2017 21 JUN	£278,500	£278,062	Close to HPI
2015 11 DEC	£235,000	£242,455	3% below HPI
1996 2 FEB	£52,000	£52,507	1% below HPI

4 DOWNESWAY 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 three 4 DOWNESWAY sales between February 1996 and June 2017 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 December 2015 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2017 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 4 DOWNESWAY be worth now?

4 DOWNESWAY might now be worth an estimated £340,132.

This is based on house price inflation of 22.1%, between June 2017 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 22.1% inflationary increase is applied to the most recent sale price for 4 DOWNESWAY of £278,500 on 21st June 2017. For the value to have increased from £278,500 to £340,132 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 4 DOWNESWAY has moved in line with the HPI for semi-detached houses in the Castle Point local authority area.
• The June 2017 sale price of £278,500 represented a fair market value for the property.
• The size, condition, and specification of 4 DOWNESWAY has not materially changed since June 2017.

How Large is 4 DOWNESWAY?

4 DOWNESWAY is 53m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 10% of semi-detached houses houses in South Benfleet, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in South Benfleet, and where 4 DOWNESWAY lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 4 DOWNESWAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in South Benfleet.

4 DOWNESWAY: Plot and Title Map

4 DOWNESWAY sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 4 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 4 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 4 DOWNESWAY?

4 DOWNESWAY is located in BENFLEET, in the SS7 postcode district. The below map shows the position of No. 4 on DOWNESWAY.