Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
20 POUND LANE is a midsized extended detached house of 124m², built sometime between 1996 and 2002. It was last sold for £425,000 in April 2018, which was around 23% below the average April 2018 detached price in the Basildon local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 20 POUND LANE since 1st 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 20 POUND LANE 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 |
---|---|---|---|
2018 30 APR | £425,000 | £549,702 | 23% below HPI |
1997 29 AUG | £112,000 | £112,914 | 1% below HPI |
The below graph shows the average detached house price in the Basildon local authority area over time, sourced from the HPI. The two 20 POUND LANE sales from August 1997 and April 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 August 1997 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the April 2018 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
20 POUND LANE is 124m², which includes two extensions, according to the EPC inspection conducted in October 2010. This puts it in the largest 50% 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 20 POUND LANE lies on this distribution: 52% of detached houses are smaller than 20 POUND LANE, and 48% of houses are larger. Note that EPC data is not available for all properties in North Benfleet.
20 POUND LANE sits on a plot of roughly 0.155 of an acre, or 627m². The below map shows the location of 20 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 20 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.
20 POUND LANE is located in BOWERS GIFFORD, in the SS13 postcode district. The below map shows the position of No. 20 on POUND LANE.