12, PALMER WAY, LANGDON HILLS, BASILDON, SS16 5LW - £464,500

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

12 PALMER WAY is a small detached house of 98m². It was last sold for £464,500 in June 2021, which was around 21% below the average June 2021 detached price in the Basildon local authority area. The most recent EPC inspection was March 2019, where the current energy rating was B, and the potential energy rating was A.

12 PALMER WAY Sold Prices

Land registry data shows two sales for 12 PALMER 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 PALMER 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
2021 28 JUN	£464,500	£587,524	21% below HPI
2019 26 APR	£421,995	£547,935	23% below HPI

12 PALMER 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 PALMER WAY sales from April 2019 and June 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 April 2019 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 12 PALMER WAY?

12 PALMER WAY is 98m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 30% 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 PALMER WAY lies on this distribution: 28% of detached houses are smaller than 12 PALMER WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Basildon.

12 PALMER WAY: Plot and Title Map

12 PALMER WAY sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 12 PALMER 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 PALMER 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 PALMER WAY?

12 PALMER WAY is located in LANGDON HILLS, in the SS16 postcode district. The below map shows the position of No. 12 on PALMER WAY.