24, WHEATFIELD WAY, LANGDON HILLS, BASILDON, SS16 6SN - £242,500

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

24 WHEATFIELD WAY is a very small detached house of 75m², built sometime between 1991 and 1995. It was last sold for £242,500 in March 2011, which was around 29% below the average March 2011 detached price in the Basildon local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

24 WHEATFIELD WAY Sold Prices

Land registry data shows five sales for 24 WHEATFIELD WAY since 1^st 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 24 WHEATFIELD WAY 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
2011 14 MAR	£242,500	£342,205	29% below HPI
2006 29 AUG	£243,000	£315,717	23% below HPI
2002 2 AUG	£178,000	£241,388	26% below HPI
2000 19 MAY	£124,000	£161,402	23% below HPI
1996 7 OCT	£81,500	£105,457	23% below HPI

24 WHEATFIELD WAY 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 five 24 WHEATFIELD WAY sales between October 1996 and March 2011 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 2006 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2011 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 24 WHEATFIELD WAY?

24 WHEATFIELD WAY is 75m² according to the EPC inspection conducted in June 2021. 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 24 WHEATFIELD WAY lies on this distribution: 6% of detached houses are smaller than 24 WHEATFIELD WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Basildon.

24 WHEATFIELD WAY: Plot and Title Map

24 WHEATFIELD WAY sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 24 WHEATFIELD WAY, 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 24 WHEATFIELD WAY). 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 24 WHEATFIELD WAY?

24 WHEATFIELD WAY is located in LANGDON HILLS, in the SS16 postcode district. The below map shows the position of No. 24 on WHEATFIELD WAY.