18, POUND LANE, BOWERS GIFFORD, BASILDON, SS13 2HF - £442,000

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 POUND LANE is a very large detached house of 183m², built sometime between 1996 and 2002. It was last sold for £442,000 in March 2014, which was around 19% above the average March 2014 detached price in the Basildon local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

18 POUND LANE Sold Prices

Land registry data shows two sales for 18 POUND LANE 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. One of the two 18 POUND LANE sales was for above the average price, whilst the other was 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
2014 20 MAR	£442,000	£370,595	19% above HPI
1995 23 JUN	£79,500	£98,370	19% below HPI

18 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 two 18 POUND LANE sales from June 1995 and March 2014 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 1995 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2014 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 18 POUND LANE?

18 POUND LANE is 183m² according to the EPC inspection conducted in September 2013. This puts it in the largest 20% of detached houses in North Benfleet, based on EPC data. The below chart shows the distribution of detached houses by size in North Benfleet, and where 18 POUND LANE lies on this distribution: 85% of detached houses are smaller than 18 POUND LANE, and 15% of houses are larger. Note that EPC data is not available for all properties in North Benfleet.

18 POUND LANE: Plot and Title Map

18 POUND LANE sits on a plot of roughly 0.155 of an acre, or 627m². The below map shows the location of 18 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 18 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 18 POUND LANE?

18 POUND LANE is located in BOWERS GIFFORD, in the SS13 postcode district. The below map shows the position of No. 18 on POUND LANE.