8, SUMMERWOOD CLOSE, BENFLEET, SS7 1QD - £500,000

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.

8 SUMMERWOOD CLOSE is a small detached house of 107m², built sometime between 1976 and 1982, which could now be worth an estimated £548,559. It was last sold for £500,000 in March 2021, which was around 18% above the average March 2021 detached price in the Castle Point local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

8 SUMMERWOOD CLOSE Sold Prices

Land registry data shows four sales for 8 SUMMERWOOD CLOSE 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 8 SUMMERWOOD CLOSE 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
2021 12 MAR	£500,000	£422,394	18% above HPI
2017 14 DEC	£450,000	£396,817	13% above HPI
2006 22 SEP	£305,000	£246,764	24% above HPI
1999 1 NOV	£135,000	£110,070	23% above HPI

8 SUMMERWOOD CLOSE 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 8 SUMMERWOOD CLOSE sales between November 1999 and March 2021 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 December 2017 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the March 2021 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 8 SUMMERWOOD CLOSE be worth now?

8 SUMMERWOOD CLOSE might now be worth an estimated £548,559.

This is based on house price inflation of 9.7%, between March 2021 and February 2025, for 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 9.7% inflationary increase is applied to the most recent sale price for 8 SUMMERWOOD CLOSE of £500,000 on 12th March 2021. For the value to have increased from £500,000 to £548,559 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 8 SUMMERWOOD CLOSE has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The March 2021 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SUMMERWOOD CLOSE has not materially changed since March 2021.

How Large is 8 SUMMERWOOD CLOSE?

8 SUMMERWOOD CLOSE is 107m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 40% of detached houses houses in South Benfleet, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Benfleet, and where 8 SUMMERWOOD CLOSE lies on this distribution: 31% of detached houses houses are smaller than 8 SUMMERWOOD CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in South Benfleet.

8 SUMMERWOOD CLOSE: Plot and Title Map

8 SUMMERWOOD CLOSE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 8 SUMMERWOOD 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 8 SUMMERWOOD 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 8 SUMMERWOOD CLOSE?

8 SUMMERWOOD CLOSE is located in BENFLEET, in the SS7 postcode district. The below map shows the position of No. 8 on SUMMERWOOD CLOSE.