18, CEDAR PARK CLOSE, BENFLEET, SS7 3RU - £297,000

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.

18 CEDAR PARK CLOSE is a small extended semi-detached house of 95m², built sometime between 1930 and 1949, which could now be worth an estimated £318,696. It was last sold for £297,000 in January 2022, which was around 10% below the average January 2022 semi-detached price in the Castle Point local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

18 CEDAR PARK CLOSE Sold Prices

Land registry data shows three sales for 18 CEDAR PARK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Castle Point local authority area for the corresponding sale date. Two of the three 18 CEDAR PARK CLOSE sales were for below the average price, whilst one was 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
2022 28 JAN	£297,000	£331,702	10% below HPI
2006 24 MAR	£182,000	£174,317	4% above HPI
1999 12 MAR	£62,500	£66,879	7% below HPI

18 CEDAR PARK CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Castle Point local authority area over time, sourced from the HPI. The three 18 CEDAR PARK CLOSE sales between March 1999 and January 2022 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 March 2006 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the January 2022 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 18 CEDAR PARK CLOSE be worth now?

18 CEDAR PARK CLOSE might now be worth an estimated £318,696.

This is based on house price inflation of 7.3%, between January 2022 and April 2026, for semi-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 7.3% inflationary increase is applied to the most recent sale price for 18 CEDAR PARK CLOSE of £297,000 on 28th January 2022. For the value to have increased from £297,000 to £318,696 over the three years and nine months to April 2026, the following assumptions must hold true:

• The value of 18 CEDAR PARK CLOSE has moved in line with the HPI for semi-detached houses in the Castle Point local authority area.
• The January 2022 sale price of £297,000 represented a fair market value for the property.
• The size, condition, and specification of 18 CEDAR PARK CLOSE has not materially changed since January 2022.

How Large is 18 CEDAR PARK CLOSE?

18 CEDAR PARK CLOSE is 95m², which includes one extension, according to the EPC inspection conducted in December 2018. This puts it in the smallest 30% of semi-detached houses houses in Thundersley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Thundersley, and where 18 CEDAR PARK CLOSE lies on this distribution: 26% of semi-detached houses houses are smaller than 18 CEDAR PARK CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Thundersley.

18 CEDAR PARK CLOSE: Plot and Title Map

18 CEDAR PARK CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 18 CEDAR PARK 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 18 CEDAR PARK 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 18 CEDAR PARK CLOSE?

18 CEDAR PARK CLOSE is located in BENFLEET, in the SS7 postcode district. The below map shows the position of No. 18 on CEDAR PARK CLOSE.