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

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 POUND LANE is a very large detached house of 183m², built sometime between 1996 and 2002, which could now be worth an estimated £781,331. 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	£372,917	19% above HPI
1995 23 JUN	£79,500	£98,986	20% 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 20% below the HPI. So the extrapolation line tracks at 20% 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.

What might 18 POUND LANE be worth now?

18 POUND LANE might now be worth an estimated £781,331.

This is based on house price inflation of 76.8%, between March 2014 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 76.8% inflationary increase is applied to the most recent sale price for 18 POUND LANE of £442,000 on 20th March 2014. For the value to have increased from £442,000 to £781,331 over the eleven years and one month to February 2025, the following assumptions must hold true:

• The value of 18 POUND LANE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The March 2014 sale price of £442,000 represented a fair market value for the property.
• The size, condition, and specification of 18 POUND LANE has not materially changed since March 2014.

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 houses in North Benfleet, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Benfleet, and where 18 POUND LANE lies on this distribution: 85% of detached houses 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.