Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
16 HOOVER DRIVE is a small detached house of 91m², built sometime between 1991 and 1995. 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.
Land registry data shows five sales for 16 HOOVER DRIVE since 1st 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 | £588,547 | 38% below HPI |
2016 2 SEP | £335,000 | £519,826 | 36% below HPI |
2013 13 DEC | £250,000 | £363,077 | 31% below HPI |
2006 28 APR | £215,000 | £311,629 | 31% below HPI |
2000 4 FEB | £106,000 | £153,275 | 31% below HPI |
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.
16 HOOVER DRIVE is 91m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 30% of detached houses in Basildon, based on EPC data. The below chart shows the distribution of detached houses by size in Basildon, and where 16 HOOVER DRIVE lies on this distribution: 21% of detached 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 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.
16 HOOVER DRIVE is located in BASILDON, in the SS15 postcode district. The below map shows the position of No. 16 on HOOVER DRIVE.