227, POUND LANE, BOWERS GIFFORD, BASILDON, SS13 2LB - £375,000

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

227 POUND LANE is a small extended detached house of 106m², built sometime between 1967 and 1975. It was last sold for £375,000 in April 2019, which was around 32% below the average April 2019 detached price in the Basildon local authority area. The most recent EPC inspection was December 2018, where the current energy rating was E, and the potential energy rating was C.

227 POUND LANE Sold Prices

Land registry data shows two sales for 227 POUND LANE 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 227 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
2019 3 APR	£375,000	£547,935	32% below HPI
1995 23 NOV	£89,950	£100,782	11% below HPI

227 POUND LANE 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 227 POUND LANE sales from November 1995 and April 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 November 1995 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the April 2019 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 227 POUND LANE?

227 POUND LANE is 106m², which includes one extension, according to the EPC inspection conducted in December 2018. This puts it in the smallest 40% 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 227 POUND LANE lies on this distribution: 39% of detached houses are smaller than 227 POUND LANE, and 60% of houses are larger. Note that EPC data is not available for all properties in North Benfleet.

227 POUND LANE: Plot and Title Map

227 POUND LANE sits on a plot of roughly 0.250 of an acre, or 1,011m². The below map shows the location of 227 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 227 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.

Where is 227 POUND LANE?

227 POUND LANE is located in BOWERS GIFFORD, in the SS13 postcode district. The below map shows the position of No. 227 on POUND LANE.