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
29 HOOVER DRIVE is a very small detached house of 55m², built sometime between 1983 and 1990. It was last sold for £270,000 in March 2021, which was around 53% below the average March 2021 detached price in the Basildon local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 29 HOOVER DRIVE since 1st 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 29 HOOVER 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 |
---|---|---|---|
2021 19 MAR | £270,000 | £577,914 | 53% below HPI |
1999 3 SEP | £79,000 | £141,501 | 44% below HPI |
The below graph shows the average detached house price in the Basildon local authority area over time, sourced from the HPI. The two 29 HOOVER DRIVE sales from September 1999 and March 2021 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 September 1999 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the March 2021 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.
29 HOOVER DRIVE is 55m² according to the EPC inspection conducted in January 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 29 HOOVER DRIVE lies on this distribution: 1% of detached houses are smaller than 29 HOOVER DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Basildon.
29 HOOVER DRIVE sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 29 HOOVER 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 29 HOOVER 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.
29 HOOVER DRIVE is located in BASILDON, in the SS15 postcode district. The below map shows the position of No. 29 on HOOVER DRIVE.