18, CASHMERE WAY, BASILDON, SS16 4RE - £412,500

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

18 CASHMERE WAY is a very small extended detached house of 78m², built sometime between 1983 and 1990. It was last sold for £412,500 in June 2021, which was around 30% below the average June 2021 detached price in the Basildon local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

18 CASHMERE WAY Sold Prices

Land registry data shows two sales for 18 CASHMERE WAY 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 18 CASHMERE WAY 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 29 JUN	£412,500	£587,524	30% below HPI
2019 29 MAR	£290,000	£551,194	47% below HPI

18 CASHMERE WAY 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 18 CASHMERE WAY sales from March 2019 and June 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 March 2019 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the June 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 18 CASHMERE WAY?

18 CASHMERE WAY is 78m², which includes two extensions, according to the EPC inspection conducted in November 2018. This puts it in the smallest 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 18 CASHMERE WAY lies on this distribution: 8% of detached houses are smaller than 18 CASHMERE WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Basildon.

18 CASHMERE WAY: Plot and Title Map

18 CASHMERE WAY sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 18 CASHMERE WAY, 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 18 CASHMERE WAY). 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 18 CASHMERE WAY?

18 CASHMERE WAY is located in BASILDON, in the SS16 postcode district. The below map shows the position of No. 18 on CASHMERE WAY.