114, POUND LANE, LAINDON, BASILDON, SS15 5SP - £530,000

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.

114 POUND LANE is a midsized extended detached house of 112m², built sometime between 1930 and 1949, which could now be worth an estimated £554,349. It was last sold for £530,000 in May 2024, which was around 16% below the average May 2024 detached price in the Basildon local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

114 POUND LANE Sold Prices

Land registry data shows three sales for 114 POUND LANE 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 114 POUND LANE 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
2024 28 MAY	£530,000	£630,257	16% below HPI
2020 21 FEB	£437,000	£566,634	23% below HPI
2015 17 FEB	£240,000	£412,944	42% below HPI

114 POUND LANE 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 114 POUND LANE sales between February 2015 and May 2024 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 2020 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2024 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 114 POUND LANE be worth now?

114 POUND LANE might now be worth an estimated £554,349.

This is based on house price inflation of 4.6%, between May 2024 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 4.6% inflationary increase is applied to the most recent sale price for 114 POUND LANE of £530,000 on 28th May 2024. For the value to have increased from £530,000 to £554,349 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 114 POUND LANE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The May 2024 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of 114 POUND LANE has not materially changed since May 2024.

How Large is 114 POUND LANE?

114 POUND LANE is 112m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 50% 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 114 POUND LANE lies on this distribution: 45% of detached houses houses are smaller than 114 POUND LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Basildon.

114 POUND LANE: Plot and Title Map

114 POUND LANE sits on a plot of roughly 0.170 of an acre, or 686m². The below map shows the location of 114 POUND LANE, 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 114 POUND LANE). 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 114 POUND LANE?

114 POUND LANE is located in LAINDON, in the SS15 postcode district. The below map shows the position of No. 114 on POUND LANE.