23, PARKER DRIVE, LANGDON HILLS, BASILDON, SS16 5LG - £500,000

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.

23 PARKER DRIVE is a small detached house of 98m², which could now be worth an estimated £507,170. It was last sold for £500,000 in May 2023, which was around 23% below the average May 2023 detached price in the Basildon local authority area. The most recent EPC inspection was January 2019, where the current energy rating was B, and the potential energy rating was A.

23 PARKER DRIVE Sold Prices

Land registry data shows two sales for 23 PARKER DRIVE 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 23 PARKER DRIVE 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
2023 30 MAY	£500,000	£649,892	23% below HPI
2019 1 FEB	£418,995	£556,108	25% below HPI

23 PARKER DRIVE 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 23 PARKER DRIVE sales from February 2019 and May 2023 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 February 2019 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2023 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 23 PARKER DRIVE be worth now?

23 PARKER DRIVE might now be worth an estimated £507,170.

This is based on house price inflation of 1.4%, between May 2023 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 1.4% inflationary increase is applied to the most recent sale price for 23 PARKER DRIVE of £500,000 on 30th May 2023. For the value to have increased from £500,000 to £507,170 over the two years and three months to February 2025, the following assumptions must hold true:

• The value of 23 PARKER DRIVE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The May 2023 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 23 PARKER DRIVE has not materially changed since May 2023.

How Large is 23 PARKER DRIVE?

23 PARKER DRIVE is 98m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 30% 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 23 PARKER DRIVE lies on this distribution: 28% of detached houses houses are smaller than 23 PARKER DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Basildon.

23 PARKER DRIVE: Plot and Title Map

23 PARKER DRIVE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 23 PARKER DRIVE, 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 23 PARKER DRIVE). 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 23 PARKER DRIVE?

23 PARKER DRIVE is located in LANGDON HILLS, in the SS16 postcode district. The below map shows the position of No. 23 on PARKER DRIVE.