242, POUND LANE, BOWERS GIFFORD, BASILDON, SS13 2LB - £284,995

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

242 POUND LANE is a large detached house of 148m², built sometime between 1930 and 1949. It was last sold for £284,995 in August 2003, which was around 1% below the average August 2003 detached price in the Basildon local authority area. The most recent EPC inspection was September 2024, where the current energy rating was C, and the potential energy rating was B.

242 POUND LANE Sold Prices

Land registry data shows two sales for 242 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. One of the two 242 POUND LANE sales was for below the average price, whilst the other was for above 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
2003 22 AUG	£284,995	£289,223	1% below HPI
2002 24 MAY	£224,995	£218,605	3% above HPI

242 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 242 POUND LANE sales from May 2002 and August 2003 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 May 2002 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2003 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 242 POUND LANE?

242 POUND LANE is 148m² according to the EPC inspection conducted in September 2024. This puts it in the largest 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 242 POUND LANE lies on this distribution: 64% of detached houses are smaller than 242 POUND LANE, and 35% of houses are larger. Note that EPC data is not available for all properties in North Benfleet.

242 POUND LANE: Plot and Title Map

242 POUND LANE sits on a plot of roughly 0.191 of an acre, or 774m². The below map shows the location of 242 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 242 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 242 POUND LANE?

242 POUND LANE is located in BOWERS GIFFORD, in the SS13 postcode district. The below map shows the position of No. 242 on POUND LANE.