7, THE CHIMES, BENFLEET, SS7 1HS - £350,000

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.

7 THE CHIMES is a midsized extended semi-detached house of 119m², built sometime between 1967 and 1975, which could now be worth an estimated £423,075. It was last sold for £350,000 in September 2018, which was around 21% above the average September 2018 semi-detached price in the Castle Point local authority area. The most recent EPC inspection was July 2009, where the current energy rating was E, and the potential energy rating was E.

7 THE CHIMES Sold Prices

Land registry data shows two sales for 7 THE CHIMES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Castle Point local authority area for the corresponding sale date. Both of the two 7 THE CHIMES 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
2018 14 SEP	£350,000	£289,459	21% above HPI
2010 30 JUL	£212,000	£186,894	13% above HPI

7 THE CHIMES 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 two 7 THE CHIMES sales from July 2010 and September 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 July 2010 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the September 2018 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 7 THE CHIMES be worth now?

7 THE CHIMES might now be worth an estimated £423,075.

This is based on house price inflation of 20.9%, between September 2018 and July 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 20.9% inflationary increase is applied to the most recent sale price for 7 THE CHIMES of £350,000 on 14th September 2018. For the value to have increased from £350,000 to £423,075 over the eight years and two months to July 2026, the following assumptions must hold true:

• The value of 7 THE CHIMES has moved in line with the HPI for semi-detached houses in the Castle Point local authority area.
• The September 2018 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 7 THE CHIMES has not materially changed since September 2018.

How Large is 7 THE CHIMES?

7 THE CHIMES is 119m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the smallest 50% of semi-detached houses houses in South Benfleet, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in South Benfleet, and where 7 THE CHIMES lies on this distribution: 40% of semi-detached houses houses are smaller than 7 THE CHIMES, and 60% of houses are larger. Note that EPC data is not available for all properties in South Benfleet.

7 THE CHIMES: Plot and Title Map

7 THE CHIMES sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 7 THE CHIMES, 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 7 THE CHIMES). 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 7 THE CHIMES?

7 THE CHIMES is located in BENFLEET, in the SS7 postcode district. The below map shows the position of No. 7 on THE CHIMES.