1, ERIC ROAD, BOWERS GIFFORD, BASILDON, SS13 2HY - £527,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 ERIC ROAD is a large extended detached house of 157m², built sometime between 1930 and 1949. It was last sold for £527,000 in May 2021, which was around 9% below the average May 2021 detached price in the Basildon local authority area. The most recent EPC inspection was January 2020, where the current energy rating was A, and the potential energy rating was A.

1 ERIC ROAD Sold Prices

Land registry data shows two sales for 1 ERIC ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. Both of the two 1 ERIC 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
2021 7 MAY	£527,000	£580,190	9% below HPI
2001 9 FEB	£164,000	£171,415	4% below HPI

1 ERIC 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 two 1 ERIC ROAD sales from February 2001 and May 2021 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 February 2001 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 2021 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 1 ERIC ROAD?

1 ERIC ROAD is 157m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the largest 30% of detached houses in North Benfleet, based on EPC data. The below chart shows the distribution of detached houses by size in North Benfleet, and where 1 ERIC ROAD lies on this distribution: 69% of detached houses are smaller than 1 ERIC ROAD, and 30% of houses are larger. Note that EPC data is not available for all properties in North Benfleet.

1 ERIC ROAD: Plot and Title Map

1 ERIC ROAD sits on a plot of roughly 0.201 of an acre, or 812m². The below map shows the location of 1 ERIC 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 ERIC 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 ERIC ROAD?

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