1, THE KNOWLE, BASILDON, SS16 4BP - £435,000

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 THE KNOWLE is a small extended detached house of 104m², built sometime between 1967 and 1975, which could now be worth an estimated £513,556. It was last sold for £435,000 in August 2019, which was around 22% below the average August 2019 detached price in the Basildon local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was A.

1 THE KNOWLE Sold Prices

Land registry data shows two sales for 1 THE KNOWLE 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 THE KNOWLE 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
2019 23 AUG	£435,000	£558,376	22% below HPI
2005 3 JUN	£285,000	£309,569	8% below HPI

1 THE KNOWLE 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 THE KNOWLE sales from June 2005 and August 2019 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 June 2005 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2019 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 1 THE KNOWLE be worth now?

1 THE KNOWLE might now be worth an estimated £513,556.

This is based on house price inflation of 18.1%, between August 2019 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 18.1% inflationary increase is applied to the most recent sale price for 1 THE KNOWLE of £435,000 on 23rd August 2019. For the value to have increased from £435,000 to £513,556 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 1 THE KNOWLE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The August 2019 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE KNOWLE has not materially changed since August 2019.

How Large is 1 THE KNOWLE?

1 THE KNOWLE is 104m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 40% 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 THE KNOWLE lies on this distribution: 35% of detached houses houses are smaller than 1 THE KNOWLE, and 64% of houses are larger. Note that EPC data is not available for all properties in Basildon.

1 THE KNOWLE: Plot and Title Map

1 THE KNOWLE sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 1 THE KNOWLE, 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 THE KNOWLE). 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 THE KNOWLE?

1 THE KNOWLE is located in BASILDON, in the SS16 postcode district. The below map shows the position of No. 1 on THE KNOWLE.