4, HERMITAGE CLOSE, BENFLEET, SS7 1TH - £510,000

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.

4 HERMITAGE CLOSE is a midsized detached house of 122m², built sometime between 1950 and 1966, which could now be worth an estimated £602,044. It was last sold for £510,000 in April 2018, which was around 30% above the average April 2018 detached price in the Castle Point local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was C.

4 HERMITAGE CLOSE Sold Prices

Land registry data shows two sales for 4 HERMITAGE 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 4 HERMITAGE 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
2018 27 APR	£510,000	£392,566	30% above HPI
2007 6 DEC	£395,000	£274,601	44% above HPI

4 HERMITAGE 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 4 HERMITAGE CLOSE sales from December 2007 and April 2018 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 2007 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the April 2018 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 4 HERMITAGE CLOSE be worth now?

4 HERMITAGE CLOSE might now be worth an estimated £602,044.

This is based on house price inflation of 18%, between April 2018 and February 2025, for 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 18% inflationary increase is applied to the most recent sale price for 4 HERMITAGE CLOSE of £510,000 on 27th April 2018. For the value to have increased from £510,000 to £602,044 over the seven years and two months to February 2025, the following assumptions must hold true:

• The value of 4 HERMITAGE CLOSE has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The April 2018 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of 4 HERMITAGE CLOSE has not materially changed since April 2018.

How Large is 4 HERMITAGE CLOSE?

4 HERMITAGE CLOSE is 122m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 50% of detached houses houses in South Benfleet, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Benfleet, and where 4 HERMITAGE CLOSE lies on this distribution: 44% of detached houses houses are smaller than 4 HERMITAGE CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in South Benfleet.

4 HERMITAGE CLOSE: Plot and Title Map

4 HERMITAGE CLOSE sits on a plot of roughly 0.150 of an acre, or 607m². The below map shows the location of 4 HERMITAGE 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 4 HERMITAGE 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 4 HERMITAGE CLOSE?

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