17, ROMSEY CLOSE, BENFLEET, SS7 5UB - £282,500

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.

17 ROMSEY CLOSE is a very small extended terraced house of 76m², built sometime between 1996 and 2002, which could now be worth an estimated £420,381. It was last sold for £282,500 in March 2016, which was around 43% above the average March 2016 terraced price in the Castle Point local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was B.

17 ROMSEY CLOSE Sold Prices

Land registry data shows four sales for 17 ROMSEY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Castle Point local authority area for the corresponding sale date. All of the four 17 ROMSEY 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
2016 18 MAR	£282,500	£198,002	43% above HPI
2003 31 JAN	£167,000	£107,175	56% above HPI
2001 9 NOV	£126,000	£78,308	61% above HPI
2000 31 OCT	£108,500	£67,132	62% above HPI

17 ROMSEY 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 four 17 ROMSEY CLOSE sales between October 2000 and March 2016 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 January 2003 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the March 2016 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 17 ROMSEY CLOSE be worth now?

17 ROMSEY CLOSE might now be worth an estimated £420,381.

This is based on house price inflation of 48.8%, between March 2016 and May 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 48.8% inflationary increase is applied to the most recent sale price for 17 ROMSEY CLOSE of £282,500 on 18th March 2016. For the value to have increased from £282,500 to £420,381 over the nine years and ten months to May 2026, the following assumptions must hold true:

• The value of 17 ROMSEY CLOSE has moved in line with the HPI for terraced houses in the Castle Point local authority area.
• The March 2016 sale price of £282,500 represented a fair market value for the property.
• The size, condition, and specification of 17 ROMSEY CLOSE has not materially changed since March 2016.

How Large is 17 ROMSEY CLOSE?

17 ROMSEY CLOSE is 76m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the smallest 10% 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 17 ROMSEY CLOSE lies on this distribution: 7% of terraced houses houses are smaller than 17 ROMSEY CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in South Benfleet.

17 ROMSEY CLOSE: Plot and Title Map

17 ROMSEY CLOSE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 17 ROMSEY 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 17 ROMSEY 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 17 ROMSEY CLOSE?

17 ROMSEY CLOSE is located in BENFLEET, in the SS7 postcode district. The below map shows the position of No. 17 on ROMSEY CLOSE.