15, POUND LANE, LAINDON, BASILDON, SS15 5ST - £600,000

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

15 POUND LANE is a very large detached house of 187m², built sometime between 1976 and 1982. It was last sold for £600,000 in November 2021, which was around 3% below the average November 2021 detached price in the Basildon local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

15 POUND LANE Sold Prices

Land registry data shows three sales for 15 POUND LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the three 15 POUND LANE 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 26 NOV	£600,000	£616,555	3% below HPI
2016 14 JUL	£460,000	£505,043	9% below HPI
2005 29 APR	£279,647	£303,658	8% below HPI

15 POUND 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 three 15 POUND LANE sales between April 2005 and November 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 July 2016 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2021 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 15 POUND LANE?

15 POUND LANE is 187m² according to the EPC inspection conducted in June 2015. This puts it in the largest 10% of detached houses in Basildon, based on EPC data. The below chart shows the distribution of detached houses by size in Basildon, and where 15 POUND LANE lies on this distribution: 95% of detached houses are smaller than 15 POUND LANE, and 5% of houses are larger. Note that EPC data is not available for all properties in Basildon.

15 POUND LANE: Plot and Title Map

15 POUND LANE sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 15 POUND 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 POUND 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 POUND LANE?

15 POUND LANE is located in LAINDON, in the SS15 postcode district. The below map shows the position of No. 15 on POUND LANE.