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 THE PINES is a small detached house of 102m², built sometime between 1996 and 2002. It was last sold for £440,000 in May 2022, which was around 31% below the average May 2022 detached price in the Basildon local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows four sales for 12 THE PINES since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the four 12 THE PINES 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 |
---|---|---|---|
2022 12 MAY | £440,000 | £641,439 | 31% below HPI |
2015 6 FEB | £305,000 | £410,372 | 26% below HPI |
2009 26 FEB | £225,000 | £307,657 | 27% below HPI |
2001 9 AUG | £178,000 | £191,318 | 7% below HPI |
The below graph shows the average detached house price in the Basildon local authority area over time, sourced from the HPI. The four 12 THE PINES sales between August 2001 and May 2022 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 2015 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2022 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.
12 THE PINES is 102m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 40% 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 THE PINES lies on this distribution: 33% of detached houses are smaller than 12 THE PINES, and 67% of houses are larger. Note that EPC data is not available for all properties in Basildon.
12 THE PINES sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 12 THE PINES, 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 THE PINES). 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.
12 THE PINES is located in LAINDON, in the SS15 postcode district. The below map shows the position of No. 12 on THE PINES.