VALELANDS, GREAT BURCHES ROAD, BENFLEET, SS7 3NE - £349,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

VALELANDS is a small extended detached house of 92m², built sometime between 1900 and 1929. It was last sold for £349,000 in February 2021, which was around 19% below the average February 2021 detached price in the Castle Point local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

VALELANDS Sold Prices

Land registry data shows two sales for VALELANDS 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. Both of the two VALELANDS sales were 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
2021 15 FEB	£349,000	£432,093	19% below HPI
2003 29 MAY	£215,000	£217,392	1% below HPI

VALELANDS 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 VALELANDS sales from May 2003 and February 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 May 2003 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is VALELANDS?

VALELANDS is 92m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 30% of detached houses in Thundersley, based on EPC data. The below chart shows the distribution of detached houses by size in Thundersley, and where VALELANDS lies on this distribution: 23% of detached houses are smaller than VALELANDS, and 76% of houses are larger. Note that EPC data is not available for all properties in Thundersley.

VALELANDS: Plot and Title Map

VALELANDS sits on a plot of roughly 0.137 of an acre, or 553m². The below map shows the location of VALELANDS, 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 VALELANDS). 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 VALELANDS?

VALELANDS is located on GREAT BURCHES ROAD in BENFLEET, in the SS7 postcode district. The below map shows the position of VALELANDS on GREAT BURCHES ROAD.