15, PANADOWN, BASILDON, SS15 5AZ - £315,000

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.

15 PANADOWN is a very small detached house of 69m², built sometime between 1950 and 1966, which could now be worth an estimated £314,436. It was last sold for £315,000 in July 2022, which was around 52% below the average July 2022 detached price in the Basildon local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

15 PANADOWN Sold Prices

Land registry data shows two sales for 15 PANADOWN 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 15 PANADOWN 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 6 JUL	£315,000	£660,394	52% below HPI
2015 6 MAR	£155,000	£414,751	63% below HPI

15 PANADOWN 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 PANADOWN sales from March 2015 and July 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 March 2015 sale was for 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the July 2022 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 15 PANADOWN be worth now?

15 PANADOWN might now be worth an estimated £314,436.

This is based on house price deflation of 0.2%, between July 2022 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 0.2% deflationary decrease is applied to the most recent sale price for 15 PANADOWN of £315,000 on 6th July 2022. For the value to have decreased from £315,000 to £314,436 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 15 PANADOWN has moved in line with the HPI for detached houses in the Basildon local authority area.
• The July 2022 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 15 PANADOWN has not materially changed since July 2022.

How Large is 15 PANADOWN?

15 PANADOWN is 69m² according to the EPC inspection conducted in March 2022. 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 15 PANADOWN lies on this distribution: 4% of detached houses houses are smaller than 15 PANADOWN, and 96% of houses are larger. Note that EPC data is not available for all properties in Basildon.

15 PANADOWN: Plot and Title Map

15 PANADOWN sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 15 PANADOWN, 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 PANADOWN). 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 PANADOWN?

15 PANADOWN is located in BASILDON, in the SS15 postcode district. The below map shows the position of No. 15 on PANADOWN.