12, LENHAM WAY, PITSEA, BASILDON, SS13 2NT - £400,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 LENHAM WAY is a very small detached house of 81m², built sometime between 1967 and 1975. It was last sold for £400,000 in December 2023, which was around 40% below the average December 2023 detached price in the Basildon local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was B.

12 LENHAM WAY Sold Prices

Land registry data shows two sales for 12 LENHAM WAY 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 12 LENHAM WAY 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
2023 15 DEC	£400,000	£667,160	40% below HPI
1998 22 SEP	£88,500	£128,103	31% below HPI

12 LENHAM WAY 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 12 LENHAM WAY sales from September 1998 and December 2023 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 September 1998 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2023 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 12 LENHAM WAY?

12 LENHAM WAY is 81m² according to the EPC inspection conducted in June 2024. This puts it in the smallest 10% of detached houses in Basildon, based on EPC data. The below chart shows the distribution of detached houses by size in Basildon, and where 12 LENHAM WAY lies on this distribution: 10% of detached houses are smaller than 12 LENHAM WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Basildon.

12 LENHAM WAY: Plot and Title Map

12 LENHAM WAY sits on a plot of roughly 0.110 of an acre, or 443m². The below map shows the location of 12 LENHAM WAY, 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 12 LENHAM WAY). 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 12 LENHAM WAY?

12 LENHAM WAY is located in PITSEA, in the SS13 postcode district. The below map shows the position of No. 12 on LENHAM WAY.