7, THE CLOSE, BENFLEET, SS7 1NB - £275,000

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.

7 THE CLOSE is a very small semi-detached house of 70m², built sometime before 1900, which could now be worth an estimated £384,117. It was last sold for £275,000 in April 2016, which was around 13% above the average April 2016 semi-detached price in the Castle Point local authority area. The most recent EPC inspection was November 2010, where the current energy rating was F, and the potential energy rating was E.

7 THE CLOSE Sold Prices

Land registry data shows three sales for 7 THE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Castle Point local authority area for the corresponding sale date. Two of the three 7 THE CLOSE 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
2016 13 APR	£275,000	£243,127	13% above HPI
2011 16 NOV	£194,000	£182,017	7% above HPI
2000 5 MAY	£79,000	£83,468	5% below HPI

7 THE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Castle Point local authority area over time, sourced from the HPI. The three 7 THE CLOSE sales between May 2000 and April 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 November 2011 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the April 2016 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 7 THE CLOSE be worth now?

7 THE CLOSE might now be worth an estimated £384,117.

This is based on house price inflation of 39.7%, between April 2016 and February 2025, for semi-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 39.7% inflationary increase is applied to the most recent sale price for 7 THE CLOSE of £275,000 on 13th April 2016. For the value to have increased from £275,000 to £384,117 over the nine years and two months to February 2025, the following assumptions must hold true:

• The value of 7 THE CLOSE has moved in line with the HPI for semi-detached houses in the Castle Point local authority area.
• The April 2016 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 7 THE CLOSE has not materially changed since April 2016.

How Large is 7 THE CLOSE?

7 THE CLOSE is 70m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 10% of semi-detached houses houses in South Benfleet, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in South Benfleet, and where 7 THE CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 7 THE CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in South Benfleet.

7 THE CLOSE: Plot and Title Map

7 THE CLOSE sits on a plot of roughly 0.034 of an acre, or 139m². The below map shows the location of 7 THE CLOSE, 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 7 THE CLOSE). 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 7 THE CLOSE?

7 THE CLOSE is located in BENFLEET, in the SS7 postcode district. The below map shows the position of No. 7 on THE CLOSE.