12, THE PINES, LAINDON, BASILDON, SS15 4DW - £440,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 THE PINES is a small detached house of 102m², built sometime between 1996 and 2002, which could now be worth an estimated £446,983. It was last sold for £440,000 in May 2022, which was around 32% 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.

12 THE PINES Sold Prices

Land registry data shows four sales for 12 THE PINES since 1^st 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	£645,460	32% below HPI
2015 6 FEB	£305,000	£412,944	26% below HPI
2009 26 FEB	£225,000	£309,585	27% below HPI
2001 9 AUG	£178,000	£192,517	8% below HPI

12 THE PINES 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 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 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 12 THE PINES be worth now?

12 THE PINES might now be worth an estimated £446,983.

This is based on house price inflation of 1.6%, between May 2022 and December 2024, 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 1.6% inflationary increase is applied to the most recent sale price for 12 THE PINES of £440,000 on 12th May 2022. For the value to have increased from £440,000 to £446,983 over the one year and five months to December 2024, the following assumptions must hold true:

• The value of 12 THE PINES has moved in line with the HPI for detached houses in the Basildon local authority area.
• The May 2022 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 12 THE PINES has not materially changed since May 2022.

How Large is 12 THE PINES?

12 THE PINES is 102m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 40% 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 12 THE PINES lies on this distribution: 33% of detached houses 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: Plot and Title Map

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.

Where is 12 THE PINES?

12 THE PINES is located in LAINDON, in the SS15 postcode district. The below map shows the position of No. 12 on THE PINES.