10, REED POND WALK, LANGDON HILLS, BASILDON, SS16 6AX - £525,000

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 REED POND WALK is a very large detached house of 166m², built sometime between 1976 and 1982, which could now be worth an estimated £667,936. It was last sold for £525,000 in August 2016, which was around 1% above the average August 2016 detached price in the Basildon local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

10 REED POND WALK Sold Prices

Land registry data shows three sales for 10 REED POND WALK 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 REED POND WALK sales were for above 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
2016 5 AUG	£525,000	£518,143	1% above HPI
2012 8 FEB	£368,000	£340,580	8% above HPI
2008 7 NOV	£370,000	£323,572	14% above HPI

10 REED POND WALK 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 REED POND WALK sales between November 2008 and August 2016 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 2012 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the August 2016 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 10 REED POND WALK be worth now?

10 REED POND WALK might now be worth an estimated £667,936.

This is based on house price inflation of 27.2%, between August 2016 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 27.2% inflationary increase is applied to the most recent sale price for 10 REED POND WALK of £525,000 on 5th August 2016. For the value to have increased from £525,000 to £667,936 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 10 REED POND WALK has moved in line with the HPI for detached houses in the Basildon local authority area.
• The August 2016 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 10 REED POND WALK has not materially changed since August 2016.

How Large is 10 REED POND WALK?

10 REED POND WALK is 166m² according to the EPC inspection conducted in August 2015. This puts it in the largest 20% 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 REED POND WALK lies on this distribution: 89% of detached houses houses are smaller than 10 REED POND WALK, and 11% of houses are larger. Note that EPC data is not available for all properties in Basildon.

10 REED POND WALK: Plot and Title Map

10 REED POND WALK sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 10 REED POND WALK, 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 REED POND WALK). 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 REED POND WALK?

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