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
23A SWAN LANE is a large extended semi-detached house of 158m², built sometime between 2007 and 2011. It was last sold for £540,000 in October 2022, which was around 20% below the average October 2022 detached price in the Basildon local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 23A SWAN LANE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the five 23A SWAN 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 |
---|---|---|---|
2022 28 OCT | £540,000 | £675,495 | 20% below HPI |
2015 6 FEB | £320,000 | £410,372 | 22% below HPI |
2010 30 JUN | £274,995 | £340,773 | 19% below HPI |
2007 31 JUL | £270,000 | £338,386 | 20% below HPI |
2004 23 SEP | £215,000 | £311,384 | 31% below HPI |
The below graph shows the average detached house price in the Basildon local authority area over time, sourced from the HPI. The five 23A SWAN LANE sales between September 2004 and October 2022 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 2015 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.
23A SWAN LANE is 158m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the largest 30% of detached houses in Runwell, based on EPC data. The below chart shows the distribution of detached houses by size in Runwell, and where 23A SWAN LANE lies on this distribution: 78% of detached houses are smaller than 23A SWAN LANE, and 20% of houses are larger. Note that EPC data is not available for all properties in Runwell.
23A SWAN LANE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 23A SWAN 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 23A SWAN 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.
23A SWAN LANE is located in WICKFORD, in the SS11 postcode district. The below map shows the position of No. 23A on SWAN LANE.