2, WAVERLEY ROAD, LAINDON, BASILDON, SS15 4HU - £265,000

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 WAVERLEY ROAD is a very small detached house of 50m², built sometime between 1991 and 1995. It was last sold for £265,000 in May 2019, which was around 52% below the average May 2019 detached price in the Basildon local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was B.

2 WAVERLEY ROAD Sold Prices

Land registry data shows two sales for 2 WAVERLEY ROAD 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 WAVERLEY ROAD 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
2019 16 MAY	£265,000	£546,551	52% below HPI
1996 13 SEP	£58,895	£104,389	44% below HPI

2 WAVERLEY 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 two 2 WAVERLEY ROAD sales from September 1996 and May 2019 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 1996 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the May 2019 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 2 WAVERLEY ROAD?

2 WAVERLEY ROAD is 50m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 10% of detached houses in Basildon, based on EPC data. The below chart shows the distribution of detached houses by size in Basildon, and where 2 WAVERLEY ROAD lies on this distribution: 1% of detached houses are smaller than 2 WAVERLEY ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Basildon.

2 WAVERLEY ROAD: Plot and Title Map

2 WAVERLEY ROAD sits on a plot of roughly 0.036 of an acre, or 145m². The below map shows the location of 2 WAVERLEY 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 WAVERLEY 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 WAVERLEY ROAD?

2 WAVERLEY ROAD is located in LAINDON, in the SS15 postcode district. The below map shows the position of No. 2 on WAVERLEY ROAD.