1, ALPHA ROAD, BOWERS GIFFORD, BASILDON, SS13 2JD - £468,000

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.

1 ALPHA ROAD is a midsized extended detached house of 117m², built sometime between 1930 and 1949, which could now be worth an estimated £546,750. It was last sold for £468,000 in August 2018, which was around 17% below the average August 2018 detached price in the Basildon local authority area. The most recent EPC inspection was January 2017, where the current energy rating was E, and the potential energy rating was C.

1 ALPHA ROAD Sold Prices

Land registry data shows three sales for 1 ALPHA ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the three 1 ALPHA ROAD 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 24 AUG	£468,000	£564,264	17% below HPI
2010 23 JUL	£325,000	£343,329	5% below HPI
2002 23 JAN	£190,000	£209,341	9% below HPI

1 ALPHA ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Basildon local authority area over time, sourced from the HPI. The three 1 ALPHA ROAD sales between January 2002 and August 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 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2018 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 1 ALPHA ROAD be worth now?

1 ALPHA ROAD might now be worth an estimated £546,750.

This is based on house price inflation of 16.8%, between August 2018 and February 2025, for detached houses, in the Basildon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.8% inflationary increase is applied to the most recent sale price for 1 ALPHA ROAD of £468,000 on 24th August 2018. For the value to have increased from £468,000 to £546,750 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 1 ALPHA ROAD has moved in line with the HPI for detached houses in the Basildon local authority area.
• The August 2018 sale price of £468,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ALPHA ROAD has not materially changed since August 2018.

How Large is 1 ALPHA ROAD?

1 ALPHA ROAD is 117m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 50% of detached houses houses in North Benfleet, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Benfleet, and where 1 ALPHA ROAD lies on this distribution: 46% of detached houses houses are smaller than 1 ALPHA ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in North Benfleet.

1 ALPHA ROAD: Plot and Title Map

1 ALPHA ROAD sits on a plot of roughly 0.144 of an acre, or 584m². The below map shows the location of 1 ALPHA ROAD, 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 1 ALPHA ROAD). 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 1 ALPHA ROAD?

1 ALPHA ROAD is located in BOWERS GIFFORD, in the SS13 postcode district. The below map shows the position of No. 1 on ALPHA ROAD.