28, PALMER WAY, LANGDON HILLS, BASILDON, SS16 5LW - £700,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

28 PALMER WAY is a very large detached house of 179m², which could now be worth an estimated £674,987. It was last sold for £700,000 in February 2023, which was around 3% above the average February 2023 detached price in the Basildon local authority area. The most recent EPC inspection was April 2019, where the current energy rating was B, and the potential energy rating was A.

28 PALMER WAY Sold Prices

Land registry data shows two sales for 28 PALMER WAY 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 28 PALMER WAY sales was for above the average price, whilst the other was 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 21 FEB	£700,000	£680,002	3% above HPI
2019 24 MAY	£500,000	£549,976	9% below HPI

28 PALMER 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 two 28 PALMER WAY sales from May 2019 and February 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 May 2019 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2023 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 28 PALMER WAY be worth now?

28 PALMER WAY might now be worth an estimated £674,987.

This is based on house price deflation of 3.6%, between February 2023 and December 2024, 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 3.6% deflationary decrease is applied to the most recent sale price for 28 PALMER WAY of £700,000 on 21st February 2023. For the value to have decreased from £700,000 to £674,987 over the two months to December 2024, the following assumptions must hold true:

• The value of 28 PALMER WAY has moved in line with the HPI for detached houses in the Basildon local authority area.
• The February 2023 sale price of £700,000 represented a fair market value for the property.
• The size, condition, and specification of 28 PALMER WAY has not materially changed since February 2023.

How Large is 28 PALMER WAY?

28 PALMER WAY is 179m² according to the EPC inspection conducted in April 2019. This puts it in the largest 10% 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 28 PALMER WAY lies on this distribution: 93% of detached houses houses are smaller than 28 PALMER WAY, and 6% of houses are larger. Note that EPC data is not available for all properties in Basildon.

28 PALMER WAY: Plot and Title Map

28 PALMER WAY sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 28 PALMER 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 28 PALMER 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 28 PALMER WAY?

28 PALMER WAY is located in LANGDON HILLS, in the SS16 postcode district. The below map shows the position of No. 28 on PALMER WAY.