70, COMMON LANE, BENFLEET, SS7 3SL - £255,000

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.

70 COMMON LANE is a very small extended semi-detached house of 87m², built sometime between 1950 and 1966, which could now be worth an estimated £353,964. It was last sold for £255,000 in February 2016, which was around 4% above the average February 2016 semi-detached price in the Castle Point local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

70 COMMON LANE Sold Prices

Land registry data shows four sales for 70 COMMON LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Castle Point local authority area for the corresponding sale date. Most of the four 70 COMMON LANE sales were for above 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 12 FEB	£255,000	£244,650	4% above HPI
2015 30 JAN	£219,995	£217,576	1% above HPI
2010 9 MAR	£174,000	£189,636	8% below HPI
1996 4 APR	£57,500	£52,845	9% above HPI

70 COMMON LANE 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 four 70 COMMON LANE sales between April 1996 and February 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 January 2015 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2016 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 70 COMMON LANE be worth now?

70 COMMON LANE might now be worth an estimated £353,964.

This is based on house price inflation of 38.8%, between February 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 38.8% inflationary increase is applied to the most recent sale price for 70 COMMON LANE of £255,000 on 12th February 2016. For the value to have increased from £255,000 to £353,964 over the nine years to February 2025, the following assumptions must hold true:

• The value of 70 COMMON LANE has moved in line with the HPI for semi-detached houses in the Castle Point local authority area.
• The February 2016 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 70 COMMON LANE has not materially changed since February 2016.

How Large is 70 COMMON LANE?

70 COMMON LANE is 87m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 20% of semi-detached houses houses in Thundersley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Thundersley, and where 70 COMMON LANE lies on this distribution: 18% of semi-detached houses houses are smaller than 70 COMMON LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Thundersley.

70 COMMON LANE: Plot and Title Map

70 COMMON LANE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 70 COMMON LANE, 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 70 COMMON LANE). 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 70 COMMON LANE?

70 COMMON LANE is located in BENFLEET, in the SS7 postcode district. The below map shows the position of No. 70 on COMMON LANE.