12, NICHOLSON CRESCENT, BENFLEET, SS7 1RN - £345,000

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.

12 NICHOLSON CRESCENT is a very small extended terraced house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £399,108. It was last sold for £345,000 in March 2021, which was around 37% above the average March 2021 terraced price in the Castle Point local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

12 NICHOLSON CRESCENT Sold Prices

Land registry data shows two sales for 12 NICHOLSON CRESCENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Castle Point local authority area for the corresponding sale date. Both of the two 12 NICHOLSON CRESCENT 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 24 MAR	£345,000	£251,693	37% above HPI
2013 11 JUN	£168,000	£155,104	8% above HPI

12 NICHOLSON CRESCENT 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 two 12 NICHOLSON CRESCENT sales from June 2013 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 June 2013 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the March 2021 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 12 NICHOLSON CRESCENT be worth now?

12 NICHOLSON CRESCENT might now be worth an estimated £399,108.

This is based on house price inflation of 15.7%, between March 2021 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 15.7% inflationary increase is applied to the most recent sale price for 12 NICHOLSON CRESCENT of £345,000 on 24th March 2021. For the value to have increased from £345,000 to £399,108 over the four years and eleven months to April 2026, the following assumptions must hold true:

• The value of 12 NICHOLSON CRESCENT has moved in line with the HPI for terraced houses in the Castle Point local authority area.
• The March 2021 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 12 NICHOLSON CRESCENT has not materially changed since March 2021.

How Large is 12 NICHOLSON CRESCENT?

12 NICHOLSON CRESCENT is 86m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the smallest 20% of terraced houses houses in South Benfleet, based on EPC data. The below chart shows the distribution of terraced houses houses by size in South Benfleet, and where 12 NICHOLSON CRESCENT lies on this distribution: 14% of terraced houses houses are smaller than 12 NICHOLSON CRESCENT, and 86% of houses are larger. Note that EPC data is not available for all properties in South Benfleet.

12 NICHOLSON CRESCENT: Plot and Title Map

12 NICHOLSON CRESCENT sits on a plot of roughly 0.041 of an acre, or 166m². The below map shows the location of 12 NICHOLSON CRESCENT, 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 12 NICHOLSON CRESCENT). 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 12 NICHOLSON CRESCENT?

12 NICHOLSON CRESCENT is located in BENFLEET, in the SS7 postcode district. The below map shows the position of No. 12 on NICHOLSON CRESCENT.