48, CASTLE LANE, BENFLEET, SS7 2AF - £275,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

48 CASTLE LANE is a very small extended detached house of 79m², built sometime between 1930 and 1949. It was last sold for £275,000 in February 2016, which was around 21% below the average February 2016 detached price in the Castle Point local authority area. The most recent EPC inspection was August 2011, where the current energy rating was F, and the potential energy rating was E.

48 CASTLE LANE Sold Prices

Land registry data shows six sales for 48 CASTLE LANE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Castle Point local authority area for the corresponding sale date. All of the six 48 CASTLE LANE sales were 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
2016 12 FEB	£275,000	£345,995	21% below HPI
2012 5 OCT	£220,000	£256,554	14% below HPI
2008 29 JUL	£210,000	£267,681	22% below HPI
2006 24 JUL	£189,000	£246,877	23% below HPI
2002 8 NOV	£146,140	£196,145	25% below HPI
2000 3 JUL	£94,000	£131,556	29% below HPI

48 CASTLE LANE 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 six 48 CASTLE LANE sales between July 2000 and February 2016 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 2012 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the February 2016 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 48 CASTLE LANE?

48 CASTLE LANE is 79m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the smallest 20% of detached houses in Hadleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Hadleigh, and where 48 CASTLE LANE lies on this distribution: 17% of detached houses are smaller than 48 CASTLE LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Hadleigh.

48 CASTLE LANE: Plot and Title Map

48 CASTLE LANE sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 48 CASTLE LANE, 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 48 CASTLE LANE). 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 48 CASTLE LANE?

48 CASTLE LANE is located in BENFLEET, in the SS7 postcode district. The below map shows the position of No. 48 on CASTLE LANE.