118, POUND LANE, BOWERS GIFFORD, BASILDON, SS13 2HW - £530,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

118 POUND LANE is a midsized extended detached house of 140m², built sometime between 1967 and 1975. It was last sold for £530,000 in October 2020, which was around 10% below the average October 2020 detached price in the Basildon local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

118 POUND LANE Sold Prices

Land registry data shows two sales for 118 POUND LANE 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 118 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
2020 16 OCT	£530,000	£588,547	10% below HPI
2006 30 NOV	£227,000	£321,421	29% below HPI

118 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 two 118 POUND LANE sales from November 2006 and October 2020 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 November 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2020 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 118 POUND LANE?

118 POUND LANE is 140m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 40% of detached houses in North Benfleet, based on EPC data. The below chart shows the distribution of detached houses by size in North Benfleet, and where 118 POUND LANE lies on this distribution: 60% of detached houses are smaller than 118 POUND LANE, and 40% of houses are larger. Note that EPC data is not available for all properties in North Benfleet.

118 POUND LANE: Plot and Title Map

118 POUND LANE sits on a plot of roughly 0.149 of an acre, or 602m². The below map shows the location of 118 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 118 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 118 POUND LANE?

118 POUND LANE is located in BOWERS GIFFORD, in the SS13 postcode district. The below map shows the position of No. 118 on POUND LANE.