2, THE LEYS, BASILDON, SS16 4BN - £170,000

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.

2 THE LEYS is a small extended detached house of 103m², built sometime between 1967 and 1975, which could now be worth an estimated £498,506. It was last sold for £170,000 in June 2002, which was around 24% below the average June 2002 detached price in the Basildon local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

2 THE LEYS Sold Prices

Land registry data shows two sales for 2 THE LEYS 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. Both of the two 2 THE LEYS 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
2002 20 JUN	£170,000	£224,804	24% below HPI
1997 15 JAN	£82,824	£109,575	24% below HPI

2 THE LEYS 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 2 THE LEYS sales from January 1997 and June 2002 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 1997 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2002 sale, which was also at 24% below the HPI.

What might 2 THE LEYS be worth now?

2 THE LEYS might now be worth an estimated £498,506.

This is based on house price inflation of 193.2%, between June 2002 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 193.2% inflationary increase is applied to the most recent sale price for 2 THE LEYS of £170,000 on 20th June 2002. For the value to have increased from £170,000 to £498,506 over the 23 years and four months to February 2025, the following assumptions must hold true:

• The value of 2 THE LEYS has moved in line with the HPI for detached houses in the Basildon local authority area.
• The June 2002 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE LEYS has not materially changed since June 2002.

How Large is 2 THE LEYS?

2 THE LEYS is 103m², which includes one extension, according to the EPC inspection conducted in August 2013. 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 THE LEYS lies on this distribution: 33% of detached houses houses are smaller than 2 THE LEYS, and 66% of houses are larger. Note that EPC data is not available for all properties in Basildon.

2 THE LEYS: Plot and Title Map

2 THE LEYS sits on a plot of roughly 0.158 of an acre, or 638m². The below map shows the location of 2 THE LEYS, 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 THE LEYS). 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 THE LEYS?

2 THE LEYS is located in BASILDON, in the SS16 postcode district. The below map shows the position of No. 2 on THE LEYS.