74, ESSEX WAY, BENFLEET, SS7 1LT - £425,000

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

74 ESSEX WAY is a midsized extended detached house of 126m², built sometime between 1900 and 1929. It was last sold for £425,000 in September 2016, which was around 15% above the average September 2016 detached price in the Castle Point local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

74 ESSEX WAY Sold Prices

Land registry data shows two sales for 74 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. One of the two 74 ESSEX WAY sales was for above the average price, whilst the other 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 2 SEP	£425,000	£369,979	15% above HPI
2014 23 MAY	£227,000	£278,546	19% below HPI

74 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 74 ESSEX WAY sales from May 2014 and September 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 May 2014 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2016 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 74 ESSEX WAY?

74 ESSEX WAY is 126m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 50% 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 74 ESSEX WAY lies on this distribution: 48% of detached houses are smaller than 74 ESSEX WAY, and 52% of houses are larger. Note that EPC data is not available for all properties in South Benfleet.

74 ESSEX WAY: Plot and Title Map

74 ESSEX WAY sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 74 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 74 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 74 ESSEX WAY?

74 ESSEX WAY is located in BENFLEET, in the SS7 postcode district. The below map shows the position of No. 74 on ESSEX WAY.