24, OAK ROAD SOUTH, BENFLEET, SS7 2BB - £375,000

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.

24 OAK ROAD SOUTH is a very small semi-detached house of 74m², built sometime between 1900 and 1929, which could now be worth an estimated £396,824. It was last sold for £375,000 in May 2022, which was around 10% above the average May 2022 semi-detached price in the Castle Point local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

24 OAK ROAD SOUTH Sold Prices

Land registry data shows five sales for 24 OAK ROAD SOUTH since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Castle Point local authority area for the corresponding sale date. The five 24 OAK ROAD SOUTH sales were a mix of above the average price, roughly equal to the average price, and 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
2022 31 MAY	£375,000	£340,430	10% above HPI
2015 30 SEP	£270,000	£234,895	15% above HPI
2007 7 DEC	£195,000	£199,254	2% below HPI
2004 23 FEB	£157,500	£158,008	Close to HPI
1999 11 JAN	£69,700	£64,637	8% above HPI

24 OAK ROAD SOUTH 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 five 24 OAK ROAD SOUTH sales between January 1999 and May 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 September 2015 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the May 2022 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 24 OAK ROAD SOUTH be worth now?

24 OAK ROAD SOUTH might now be worth an estimated £396,824.

This is based on house price inflation of 5.8%, between May 2022 and May 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 5.8% inflationary increase is applied to the most recent sale price for 24 OAK ROAD SOUTH of £375,000 on 31st May 2022. For the value to have increased from £375,000 to £396,824 over the four years to May 2026, the following assumptions must hold true:

• The value of 24 OAK ROAD SOUTH has moved in line with the HPI for semi-detached houses in the Castle Point local authority area.
• The May 2022 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 24 OAK ROAD SOUTH has not materially changed since May 2022.

How Large is 24 OAK ROAD SOUTH?

24 OAK ROAD SOUTH is 74m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% of semi-detached houses houses in Hadleigh, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hadleigh, and where 24 OAK ROAD SOUTH lies on this distribution: 12% of semi-detached houses houses are smaller than 24 OAK ROAD SOUTH, and 87% of houses are larger. Note that EPC data is not available for all properties in Hadleigh.

24 OAK ROAD SOUTH: Plot and Title Map

24 OAK ROAD SOUTH sits on a plot of roughly 0.036 of an acre, or 146m². The below map shows the location of 24 OAK ROAD SOUTH, 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 24 OAK ROAD SOUTH). 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 24 OAK ROAD SOUTH?

24 OAK ROAD SOUTH is located in BENFLEET, in the SS7 postcode district. The below map shows the position of No. 24 on OAK ROAD SOUTH.