4, THE SPINNAKERS, BENFLEET, SS7 5RP - £525,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

4 THE SPINNAKERS is a large detached house of 170m², built sometime between 1996 and 2002. It was last sold for £525,000 in September 2019, which was around 27% above the average September 2019 detached price in the Castle Point local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

4 THE SPINNAKERS Sold Prices

Land registry data shows four sales for 4 THE SPINNAKERS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Castle Point local authority area for the corresponding sale date. All of the four 4 THE SPINNAKERS 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
2019 19 SEP	£525,000	£411,837	27% above HPI
2004 8 DEC	£299,995	£244,502	23% above HPI
2003 17 APR	£273,000	£212,517	28% above HPI
1998 13 MAY	£129,000	£96,551	34% above HPI

4 THE SPINNAKERS 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 four 4 THE SPINNAKERS sales between May 1998 and September 2019 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 2004 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the September 2019 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 4 THE SPINNAKERS?

4 THE SPINNAKERS is 170m² according to the EPC inspection conducted in May 2019. This puts it in the largest 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 4 THE SPINNAKERS lies on this distribution: 78% of detached houses are smaller than 4 THE SPINNAKERS, and 22% of houses are larger. Note that EPC data is not available for all properties in South Benfleet.

4 THE SPINNAKERS: Plot and Title Map

4 THE SPINNAKERS sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 4 THE SPINNAKERS, 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 THE SPINNAKERS). 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 THE SPINNAKERS?

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