11, ALMA CLOSE, BENFLEET, SS7 2EG - £317,500

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.

11 ALMA CLOSE is a small extended terraced house of 98m², built sometime between 1967 and 1975, which could now be worth an estimated £390,548. It was last sold for £317,500 in July 2018, which was around 34% above the average July 2018 terraced price in the Castle Point local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.

11 ALMA CLOSE Sold Prices

Land registry data shows three sales for 11 ALMA CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Castle Point local authority area for the corresponding sale date. All of the three 11 ALMA 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
2018 27 JUL	£317,500	£236,707	34% above HPI
2006 9 FEB	£168,000	£139,430	20% above HPI
2002 12 APR	£99,000	£85,104	16% above HPI

11 ALMA CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Castle Point local authority area over time, sourced from the HPI. The three 11 ALMA CLOSE sales between April 2002 and July 2018 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 February 2006 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the July 2018 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 11 ALMA CLOSE be worth now?

11 ALMA CLOSE might now be worth an estimated £390,548.

This is based on house price inflation of 23%, between July 2018 and April 2026, for terraced 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 23% inflationary increase is applied to the most recent sale price for 11 ALMA CLOSE of £317,500 on 27th July 2018. For the value to have increased from £317,500 to £390,548 over the eight years and three months to April 2026, the following assumptions must hold true:

• The value of 11 ALMA CLOSE has moved in line with the HPI for terraced houses in the Castle Point local authority area.
• The July 2018 sale price of £317,500 represented a fair market value for the property.
• The size, condition, and specification of 11 ALMA CLOSE has not materially changed since July 2018.

How Large is 11 ALMA CLOSE?

11 ALMA CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 30% of terraced houses houses in Southend-on-Sea, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Southend-on-Sea, and where 11 ALMA CLOSE lies on this distribution: 30% of terraced houses houses are smaller than 11 ALMA CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

11 ALMA CLOSE: Plot and Title Map

11 ALMA CLOSE sits on a plot of roughly 0.034 of an acre, or 137m². The below map shows the location of 11 ALMA 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 11 ALMA 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 11 ALMA CLOSE?

11 ALMA CLOSE is located in BENFLEET, in the SS7 postcode district. The below map shows the position of No. 11 on ALMA CLOSE.