18, GREAT LEIGHS WAY, BASILDON, SS13 1QN - £470,000

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.

18 GREAT LEIGHS WAY is a midsized detached house of 115m², built sometime between 1983 and 1990, which could now be worth an estimated £519,061. It was last sold for £470,000 in November 2020, which was around 21% below the average November 2020 detached price in the Basildon local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

18 GREAT LEIGHS WAY Sold Prices

Land registry data shows three sales for 18 GREAT LEIGHS WAY 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 18 GREAT LEIGHS 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
2020 16 NOV	£470,000	£596,904	21% below HPI
2012 22 JUN	£310,000	£337,313	8% below HPI
2006 10 JAN	£249,995	£310,326	19% below HPI

18 GREAT LEIGHS 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 three 18 GREAT LEIGHS WAY sales between January 2006 and November 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 June 2012 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2020 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 18 GREAT LEIGHS WAY be worth now?

18 GREAT LEIGHS WAY might now be worth an estimated £519,061.

This is based on house price inflation of 10.4%, between November 2020 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 10.4% inflationary increase is applied to the most recent sale price for 18 GREAT LEIGHS WAY of £470,000 on 16th November 2020. For the value to have increased from £470,000 to £519,061 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 18 GREAT LEIGHS WAY has moved in line with the HPI for detached houses in the Basildon local authority area.
• The November 2020 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 18 GREAT LEIGHS WAY has not materially changed since November 2020.

How Large is 18 GREAT LEIGHS WAY?

18 GREAT LEIGHS WAY is 115m² according to the EPC inspection conducted in June 2020. This puts it in the largest 50% 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 18 GREAT LEIGHS WAY lies on this distribution: 50% of detached houses houses are smaller than 18 GREAT LEIGHS WAY, and 49% of houses are larger. Note that EPC data is not available for all properties in Basildon.

18 GREAT LEIGHS WAY: Plot and Title Map

18 GREAT LEIGHS WAY sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 18 GREAT LEIGHS 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 GREAT LEIGHS 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 GREAT LEIGHS WAY?

18 GREAT LEIGHS WAY is located in BASILDON, in the SS13 postcode district. The below map shows the position of No. 18 on GREAT LEIGHS WAY.