10, OSTERLEY DRIVE, LANGDON HILLS, BASILDON, SS16 6RZ - £317,000

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.

10 OSTERLEY DRIVE is a very small detached house of 73m², built sometime between 1991 and 1995, which could now be worth an estimated £334,381. It was last sold for £317,000 in December 2021, which was around 49% below the average December 2021 detached price in the Basildon local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

10 OSTERLEY DRIVE Sold Prices

Land registry data shows three sales for 10 OSTERLEY DRIVE 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 10 OSTERLEY DRIVE 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 2 DEC	£317,000	£624,946	49% below HPI
2021 29 OCT	£315,000	£616,056	49% below HPI
1999 22 OCT	£86,000	£144,620	41% below HPI

10 OSTERLEY DRIVE 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 10 OSTERLEY DRIVE sales between October 1999 and December 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 October 2021 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the December 2021 sale, which was also at 49% below the HPI.

What might 10 OSTERLEY DRIVE be worth now?

10 OSTERLEY DRIVE might now be worth an estimated £334,381.

This is based on house price inflation of 5.5%, between December 2021 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 5.5% inflationary increase is applied to the most recent sale price for 10 OSTERLEY DRIVE of £317,000 on 2nd December 2021. For the value to have increased from £317,000 to £334,381 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 10 OSTERLEY DRIVE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The December 2021 sale price of £317,000 represented a fair market value for the property.
• The size, condition, and specification of 10 OSTERLEY DRIVE has not materially changed since December 2021.

How Large is 10 OSTERLEY DRIVE?

10 OSTERLEY DRIVE is 73m² according to the EPC inspection conducted in August 2021. 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 10 OSTERLEY DRIVE lies on this distribution: 5% of detached houses houses are smaller than 10 OSTERLEY DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Basildon.

10 OSTERLEY DRIVE: Plot and Title Map

10 OSTERLEY DRIVE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 10 OSTERLEY DRIVE, 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 10 OSTERLEY DRIVE). 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 10 OSTERLEY DRIVE?

10 OSTERLEY DRIVE is located in LANGDON HILLS, in the SS16 postcode district. The below map shows the position of No. 10 on OSTERLEY DRIVE.