2, ERIC ROAD, BOWERS GIFFORD, BASILDON, SS13 2HY - £545,000

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

2 ERIC ROAD is a large extended detached house of 159m², built sometime between 1983 and 1990. It was last sold for £545,000 in August 2018, which was around 3% below the average August 2018 detached price in the Basildon local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

2 ERIC ROAD Sold Prices

Land registry data shows five sales for 2 ERIC ROAD since 1^st 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. Most of the five 2 ERIC ROAD sales were for above 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
2018 20 AUG	£545,000	£560,750	3% below HPI
2008 30 JAN	£399,995	£361,189	11% above HPI
2002 26 JUN	£244,950	£223,404	10% above HPI
1999 8 JUL	£150,000	£139,295	8% above HPI
1997 30 MAY	£125,000	£107,435	16% above HPI

2 ERIC ROAD 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 five 2 ERIC ROAD sales between May 1997 and August 2018 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 January 2008 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the August 2018 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 2 ERIC ROAD?

2 ERIC ROAD is 159m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 30% 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 2 ERIC ROAD lies on this distribution: 72% of detached houses are smaller than 2 ERIC ROAD, and 28% of houses are larger. Note that EPC data is not available for all properties in North Benfleet.

2 ERIC ROAD: Plot and Title Map

2 ERIC ROAD sits on a plot of roughly 0.131 of an acre, or 532m². The below map shows the location of 2 ERIC ROAD, 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 2 ERIC ROAD). 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 2 ERIC ROAD?

2 ERIC ROAD is located in BOWERS GIFFORD, in the SS13 postcode district. The below map shows the position of No. 2 on ERIC ROAD.