14, WOOD GREEN, BASILDON, SS13 1RT - £275,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 WOOD GREEN is a very small detached house of 58m², built sometime between 1991 and 1995, which could now be worth an estimated £299,697. It was last sold for £275,000 in September 2021, which was around 55% below the average September 2021 detached price in the Basildon local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

14 WOOD GREEN Sold Prices

Land registry data shows four sales for 14 WOOD GREEN 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 14 WOOD GREEN 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 30 SEP	£275,000	£604,888	55% below HPI
2017 20 JAN	£225,000	£539,742	58% below HPI
2005 4 NOV	£158,000	£312,298	49% below HPI
2003 5 DEC	£136,500	£284,761	52% below HPI

14 WOOD GREEN 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 14 WOOD GREEN sales between December 2003 and September 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 January 2017 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the September 2021 sale, where it rises to 55% below the HPI. The line then continues to track at 55% below the HPI.

What might 14 WOOD GREEN be worth now?

14 WOOD GREEN might now be worth an estimated £299,697.

This is based on house price inflation of 9%, between September 2021 and February 2025, 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 9% inflationary increase is applied to the most recent sale price for 14 WOOD GREEN of £275,000 on 30th September 2021. For the value to have increased from £275,000 to £299,697 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 14 WOOD GREEN has moved in line with the HPI for detached houses in the Basildon local authority area.
• The September 2021 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 14 WOOD GREEN has not materially changed since September 2021.

How Large is 14 WOOD GREEN?

14 WOOD GREEN is 58m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 10% 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 14 WOOD GREEN lies on this distribution: 2% of detached houses houses are smaller than 14 WOOD GREEN, and 98% of houses are larger. Note that EPC data is not available for all properties in Basildon.

14 WOOD GREEN: Plot and Title Map

14 WOOD GREEN sits on a plot of roughly 0.030 of an acre, or 120m². The below map shows the location of 14 WOOD GREEN, 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 14 WOOD GREEN). 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 14 WOOD GREEN?

14 WOOD GREEN is located in BASILDON, in the SS13 postcode district. The below map shows the position of No. 14 on WOOD GREEN.