15, COBURG LANE, LANGDON HILLS, BASILDON, SS16 6TH - £419,995

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

15 COBURG LANE is a midsized extended detached house of 120m², built sometime between 1991 and 1995, which could now be worth an estimated £570,009. It was last sold for £419,995 in February 2016, which was around 13% below the average February 2016 detached price in the Basildon local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

15 COBURG LANE Sold Prices

Land registry data shows two sales for 15 COBURG LANE 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. One of the two 15 COBURG LANE sales was for below the average price, whilst the other was for above 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
2016 26 FEB	£419,995	£483,137	13% below HPI
1998 11 DEC	£139,950	£135,413	3% above HPI

15 COBURG LANE 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 15 COBURG LANE sales from December 1998 and February 2016 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 December 1998 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2016 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 15 COBURG LANE be worth now?

15 COBURG LANE might now be worth an estimated £570,009.

This is based on house price inflation of 35.7%, between February 2016 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 35.7% inflationary increase is applied to the most recent sale price for 15 COBURG LANE of £419,995 on 26th February 2016. For the value to have increased from £419,995 to £570,009 over the seven years and two months to December 2024, the following assumptions must hold true:

• The value of 15 COBURG LANE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The February 2016 sale price of £419,995 represented a fair market value for the property.
• The size, condition, and specification of 15 COBURG LANE has not materially changed since February 2016.

How Large is 15 COBURG LANE?

15 COBURG LANE is 120m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 50% 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 15 COBURG LANE lies on this distribution: 56% of detached houses houses are smaller than 15 COBURG LANE, and 42% of houses are larger. Note that EPC data is not available for all properties in Basildon.

15 COBURG LANE: Plot and Title Map

15 COBURG LANE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 15 COBURG LANE, 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 15 COBURG LANE). 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 15 COBURG LANE?

15 COBURG LANE is located in LANGDON HILLS, in the SS16 postcode district. The below map shows the position of No. 15 on COBURG LANE.