4, PINETREES, BENFLEET, SS7 1SB - £297,500

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.

4 PINETREES is a very small detached house of 71m², built sometime between 1900 and 1929, which could now be worth an estimated £361,486. It was last sold for £297,500 in October 2018, which was around 26% below the average October 2018 detached price in the Castle Point local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was B.

4 PINETREES Sold Prices

Land registry data shows two sales for 4 PINETREES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Castle Point local authority area for the corresponding sale date. Both of the two 4 PINETREES sales were for 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
2018 12 OCT	£297,500	£401,827	26% below HPI
2010 21 DEC	£185,000	£252,403	27% below HPI

4 PINETREES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Castle Point local authority area over time, sourced from the HPI. The two 4 PINETREES sales from December 2010 and October 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 December 2010 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2018 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 4 PINETREES be worth now?

4 PINETREES might now be worth an estimated £361,486.

This is based on house price inflation of 21.5%, between October 2018 and April 2026, for 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 21.5% inflationary increase is applied to the most recent sale price for 4 PINETREES of £297,500 on 12th October 2018. For the value to have increased from £297,500 to £361,486 over the eight years and six months to April 2026, the following assumptions must hold true:

• The value of 4 PINETREES has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The October 2018 sale price of £297,500 represented a fair market value for the property.
• The size, condition, and specification of 4 PINETREES has not materially changed since October 2018.

How Large is 4 PINETREES?

4 PINETREES is 71m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of detached houses houses in South Benfleet, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Benfleet, and where 4 PINETREES lies on this distribution: 5% of detached houses houses are smaller than 4 PINETREES, and 94% of houses are larger. Note that EPC data is not available for all properties in South Benfleet.

4 PINETREES: Plot and Title Map

4 PINETREES sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 4 PINETREES, 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 4 PINETREES). 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 4 PINETREES?

4 PINETREES is located in BENFLEET, in the SS7 postcode district. The below map shows the position of No. 4 on PINETREES.