48, NORWOOD DRIVE, BENFLEET, SS7 1LL - £515,000

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 NORWOOD DRIVE is a small extended detached house of 95m², built sometime between 1950 and 1966. It was last sold for £515,000 in April 2022, which was around 6% above the average April 2022 detached price in the Castle Point local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

48 NORWOOD DRIVE Sold Prices

Land registry data shows three sales for 48 NORWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Castle Point local authority area for the corresponding sale date. Two of the three 48 NORWOOD DRIVE sales were for above the average price, whilst one was 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
2022 13 APR	£515,000	£485,648	6% above HPI
2017 10 OCT	£377,000	£407,883	8% below HPI
1999 20 OCT	£117,000	£110,791	6% above HPI

48 NORWOOD DRIVE 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 three 48 NORWOOD DRIVE sales between October 1999 and April 2022 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 2017 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the April 2022 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 48 NORWOOD DRIVE?

48 NORWOOD DRIVE is 95m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 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 48 NORWOOD DRIVE lies on this distribution: 21% of detached houses are smaller than 48 NORWOOD DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in South Benfleet.

48 NORWOOD DRIVE: Plot and Title Map

48 NORWOOD DRIVE sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 48 NORWOOD DRIVE, 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 NORWOOD DRIVE). 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 NORWOOD DRIVE?

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