57, ESSEX WAY, BENFLEET, SS7 1LS - £95,000

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

57 ESSEX WAY is a very small detached house of 65m², built sometime between 1950 and 1966. It was last sold for £95,000 in August 2000, which was around 28% below the average August 2000 detached price in the Castle Point local authority area. The most recent EPC inspection was July 2018, where the current energy rating was E, and the potential energy rating was B.

57 ESSEX WAY Sold Prices

Land registry data shows two sales for 57 ESSEX WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Castle Point local authority area for the corresponding sale date. Both of the two 57 ESSEX WAY 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
2000 11 AUG	£95,000	£132,295	28% below HPI
1999 30 JUL	£82,000	£108,761	25% below HPI

57 ESSEX WAY 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 two 57 ESSEX WAY sales from July 1999 and August 2000 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 July 1999 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2000 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 57 ESSEX WAY?

57 ESSEX WAY is 65m² according to the EPC inspection conducted in July 2018. 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 57 ESSEX WAY lies on this distribution: 3% of detached houses are smaller than 57 ESSEX WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in South Benfleet.

57 ESSEX WAY: Plot and Title Map

57 ESSEX WAY sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 57 ESSEX WAY, 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 57 ESSEX WAY). 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 57 ESSEX WAY?

57 ESSEX WAY is located in BENFLEET, in the SS7 postcode district. The below map shows the position of No. 57 on ESSEX WAY.