2, GATE LODGE SQUARE, BASILDON, SS15 4AP - £317,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 GATE LODGE SQUARE is a small detached house of 99m², which could now be worth an estimated £583,624. It was last sold for £317,000 in October 2012, which was around 11% below the average October 2012 detached price in the Basildon local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was D.

2 GATE LODGE SQUARE Sold Prices

Land registry data shows three sales for 2 GATE LODGE SQUARE 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 2 GATE LODGE SQUARE 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
2012 26 OCT	£317,000	£356,151	11% below HPI
2007 27 SEP	£278,000	£354,534	22% below HPI
2002 29 AUG	£199,995	£242,900	18% below HPI

2 GATE LODGE SQUARE 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 2 GATE LODGE SQUARE sales between August 2002 and October 2012 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 September 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2012 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 2 GATE LODGE SQUARE be worth now?

2 GATE LODGE SQUARE might now be worth an estimated £583,624.

This is based on house price inflation of 84.1%, between October 2012 and December 2024, 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 84.1% inflationary increase is applied to the most recent sale price for 2 GATE LODGE SQUARE of £317,000 on 26th October 2012. For the value to have increased from £317,000 to £583,624 over the eleven years and ten months to December 2024, the following assumptions must hold true:

• The value of 2 GATE LODGE SQUARE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The October 2012 sale price of £317,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GATE LODGE SQUARE has not materially changed since October 2012.

How Large is 2 GATE LODGE SQUARE?

2 GATE LODGE SQUARE is 99m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 40% 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 2 GATE LODGE SQUARE lies on this distribution: 31% of detached houses houses are smaller than 2 GATE LODGE SQUARE, and 69% of houses are larger. Note that EPC data is not available for all properties in Basildon.

2 GATE LODGE SQUARE: Plot and Title Map

2 GATE LODGE SQUARE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 2 GATE LODGE SQUARE, 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 GATE LODGE SQUARE). 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 GATE LODGE SQUARE?

2 GATE LODGE SQUARE is located in BASILDON, in the SS15 postcode district. The below map shows the position of No. 2 on GATE LODGE SQUARE.