5, NICHOLSON ROAD, BENFLEET, SS7 1RL - £246,000

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.

5 NICHOLSON ROAD is a very small detached house of 67m², built sometime between 1930 and 1949, which could now be worth an estimated £440,254. It was last sold for £246,000 in October 2013, which was around 5% below the average October 2013 detached price in the Castle Point local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

5 NICHOLSON ROAD Sold Prices

Land registry data shows four sales for 5 NICHOLSON ROAD 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 5 NICHOLSON ROAD 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
2013 8 OCT	£246,000	£258,942	5% below HPI
2008 24 JAN	£230,000	£272,969	16% below HPI
1999 14 MAY	£95,000	£102,326	7% below HPI
1996 14 OCT	£75,000	£79,024	5% below HPI

5 NICHOLSON ROAD 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 5 NICHOLSON ROAD sales between October 1996 and October 2013 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 January 2008 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2013 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 5 NICHOLSON ROAD be worth now?

5 NICHOLSON ROAD might now be worth an estimated £440,254.

This is based on house price inflation of 79%, between October 2013 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 79% inflationary increase is applied to the most recent sale price for 5 NICHOLSON ROAD of £246,000 on 8th October 2013. For the value to have increased from £246,000 to £440,254 over the twelve years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 NICHOLSON ROAD has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The October 2013 sale price of £246,000 represented a fair market value for the property.
• The size, condition, and specification of 5 NICHOLSON ROAD has not materially changed since October 2013.

How Large is 5 NICHOLSON ROAD?

5 NICHOLSON ROAD is 67m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% 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 5 NICHOLSON ROAD lies on this distribution: 4% of detached houses houses are smaller than 5 NICHOLSON ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in South Benfleet.

5 NICHOLSON ROAD: Plot and Title Map

5 NICHOLSON ROAD sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 5 NICHOLSON ROAD, 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 5 NICHOLSON ROAD). 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 5 NICHOLSON ROAD?

5 NICHOLSON ROAD is located in BENFLEET, in the SS7 postcode district. The below map shows the position of No. 5 on NICHOLSON ROAD.