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

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

5 NICHOLSON ROAD is a very small detached house of 67m², built sometime between 1930 and 1949. It was last sold for £246,000 in October 2013, which was around 6% 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	£262,574	6% below HPI
2008 24 JAN	£230,000	£276,797	17% below HPI
1999 14 MAY	£95,000	£103,761	8% below HPI
1996 14 OCT	£75,000	£80,132	6% 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 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2013 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

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 in South Benfleet, based on EPC data. The below chart shows the distribution of detached houses by size in South Benfleet, and where 5 NICHOLSON ROAD lies on this distribution: 4% of detached houses are smaller than 5 NICHOLSON ROAD, and 95% 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.