16, HOOVER DRIVE, BASILDON, SS15 6LF - £367,500

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

16 HOOVER DRIVE is a small detached house of 91m², built sometime between 1991 and 1995, which could now be worth an estimated £406,884. It was last sold for £367,500 in October 2020, which was around 38% below the average October 2020 detached price in the Basildon local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

16 HOOVER DRIVE Sold Prices

Land registry data shows five sales for 16 HOOVER DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the five 16 HOOVER DRIVE 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
2020 2 OCT	£367,500	£592,236	38% below HPI
2016 2 SEP	£335,000	£523,084	36% below HPI
2013 13 DEC	£250,000	£365,353	32% below HPI
2006 28 APR	£215,000	£313,582	31% below HPI
2000 4 FEB	£106,000	£154,236	31% below HPI

16 HOOVER DRIVE 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 five 16 HOOVER DRIVE sales between February 2000 and October 2020 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 September 2016 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2020 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 16 HOOVER DRIVE be worth now?

16 HOOVER DRIVE might now be worth an estimated £406,884.

This is based on house price inflation of 10.7%, between October 2020 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 10.7% inflationary increase is applied to the most recent sale price for 16 HOOVER DRIVE of £367,500 on 2nd October 2020. For the value to have increased from £367,500 to £406,884 over the three years and ten months to December 2024, the following assumptions must hold true:

• The value of 16 HOOVER DRIVE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The October 2020 sale price of £367,500 represented a fair market value for the property.
• The size, condition, and specification of 16 HOOVER DRIVE has not materially changed since October 2020.

How Large is 16 HOOVER DRIVE?

16 HOOVER DRIVE is 91m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 30% 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 16 HOOVER DRIVE lies on this distribution: 21% of detached houses houses are smaller than 16 HOOVER DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Basildon.

16 HOOVER DRIVE: Plot and Title Map

16 HOOVER DRIVE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 16 HOOVER DRIVE, 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 16 HOOVER DRIVE). 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 16 HOOVER DRIVE?

16 HOOVER DRIVE is located in BASILDON, in the SS15 postcode district. The below map shows the position of No. 16 on HOOVER DRIVE.