8, DOWNESWAY, BENFLEET, SS7 1EE - £300,000

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.

8 DOWNESWAY is a very small semi-detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £288,516. It was last sold for £300,000 in November 2022, which was around 15% below the average November 2022 semi-detached price in the Castle Point local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

8 DOWNESWAY Sold Prices

Land registry data shows four sales for 8 DOWNESWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Castle Point local authority area for the corresponding sale date. All of the four 8 DOWNESWAY 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
2022 28 NOV	£300,000	£353,114	15% below HPI
2012 10 AUG	£178,500	£184,634	3% below HPI
2010 17 AUG	£172,500	£190,328	9% below HPI
2001 6 JUL	£84,995	£99,339	14% below HPI

8 DOWNESWAY 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 four 8 DOWNESWAY sales between July 2001 and November 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 August 2012 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2022 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 8 DOWNESWAY be worth now?

8 DOWNESWAY might now be worth an estimated £288,516.

This is based on house price deflation of 3.8%, between November 2022 and February 2025, 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 3.8% deflationary decrease is applied to the most recent sale price for 8 DOWNESWAY of £300,000 on 28th November 2022. For the value to have decreased from £300,000 to £288,516 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 DOWNESWAY has moved in line with the HPI for semi-detached houses in the Castle Point local authority area.
• The November 2022 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 8 DOWNESWAY has not materially changed since November 2022.

How Large is 8 DOWNESWAY?

8 DOWNESWAY is 77m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% 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 8 DOWNESWAY lies on this distribution: 9% of semi-detached houses houses are smaller than 8 DOWNESWAY, and 90% of houses are larger. Note that EPC data is not available for all properties in South Benfleet.

8 DOWNESWAY: Plot and Title Map

8 DOWNESWAY sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 8 DOWNESWAY, 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 8 DOWNESWAY). 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 8 DOWNESWAY?

8 DOWNESWAY is located in BENFLEET, in the SS7 postcode district. The below map shows the position of No. 8 on DOWNESWAY.