THE LAURELS, SWALE ROAD, BENFLEET, SS7 3DR - £498,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE LAURELS is a large extended detached house of 138m², built sometime between 1930 and 1949, which could now be worth an estimated £498,630. It was last sold for £498,000 in November 2024, which was around 4% above the average November 2024 detached price in the Castle Point local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was C.

THE LAURELS Sold Prices

Land registry data shows two sales for THE LAURELS 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 THE LAURELS 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
2024 22 NOV	£498,000	£480,185	4% above HPI
2012 24 JUL	£250,000	£255,380	2% below HPI

THE LAURELS 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 THE LAURELS sales from July 2012 and November 2024 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 2012 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2024 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might THE LAURELS be worth now?

THE LAURELS might now be worth an estimated £498,630.

This is based on house price inflation of 0.1%, between November 2024 and December 2024, 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 0.1% inflationary increase is applied to the most recent sale price for THE LAURELS of £498,000 on 22nd November 2024. For the value to have increased from £498,000 to £498,630 over the eleven months to December 2024, the following assumptions must hold true:

• The value of THE LAURELS has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The November 2024 sale price of £498,000 represented a fair market value for the property.
• The size, condition, and specification of THE LAURELS has not materially changed since November 2024.

How Large is THE LAURELS?

THE LAURELS is 138m², which includes two extensions, according to the EPC inspection conducted in July 2023. This puts it in the largest 40% of detached houses houses in Thundersley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thundersley, and where THE LAURELS lies on this distribution: 67% of detached houses houses are smaller than THE LAURELS, and 32% of houses are larger. Note that EPC data is not available for all properties in Thundersley.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.151 of an acre, or 610m². The below map shows the location of THE LAURELS, 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 THE LAURELS). 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 THE LAURELS?

THE LAURELS is located on SWALE ROAD in BENFLEET, in the SS7 postcode district. The below map shows the position of THE LAURELS on SWALE ROAD.