1, RAILWAY MEWS, BASILDON, SS15 6NF - £472,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 RAILWAY MEWS is a very small detached house of 72m², which could now be worth an estimated £455,800. It was last sold for £472,500 in October 2022, which was around 30% below the average October 2022 detached price in the Basildon local authority area. The most recent EPC inspection was November 2017, where the current energy rating was B, and the potential energy rating was A.

1 RAILWAY MEWS Sold Prices

Land registry data shows three sales for 1 RAILWAY MEWS 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 RAILWAY MEWS 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 13 OCT	£472,500	£679,729	30% below HPI
2022 28 JAN	£470,000	£625,366	25% below HPI
2018 10 MAY	£360,000	£558,326	36% below HPI

1 RAILWAY MEWS 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 RAILWAY MEWS sales between May 2018 and October 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 January 2022 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 1 RAILWAY MEWS be worth now?

1 RAILWAY MEWS might now be worth an estimated £455,800.

This is based on house price deflation of 3.5%, between October 2022 and December 2024, 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 3.5% deflationary decrease is applied to the most recent sale price for 1 RAILWAY MEWS of £472,500 on 13th October 2022. For the value to have decreased from £472,500 to £455,800 over the one year and ten months to December 2024, the following assumptions must hold true:

• The value of 1 RAILWAY MEWS has moved in line with the HPI for detached houses in the Basildon local authority area.
• The October 2022 sale price of £472,500 represented a fair market value for the property.
• The size, condition, and specification of 1 RAILWAY MEWS has not materially changed since October 2022.

How Large is 1 RAILWAY MEWS?

1 RAILWAY MEWS is 72m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 10% of detached houses houses in Basildon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Basildon, and where 1 RAILWAY MEWS lies on this distribution: 5% of detached houses houses are smaller than 1 RAILWAY MEWS, and 95% of houses are larger. Note that EPC data is not available for all properties in Basildon.

1 RAILWAY MEWS: Plot and Title Map

1 RAILWAY MEWS sits on a plot of roughly 0.151 of an acre, or 613m². The below map shows the location of 1 RAILWAY MEWS, 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 RAILWAY MEWS). 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 RAILWAY MEWS?

1 RAILWAY MEWS is located in BASILDON, in the SS15 postcode district. The below map shows the position of No. 1 on RAILWAY MEWS.