29, PARKER DRIVE, LANGDON HILLS, BASILDON, SS16 5LG - £492,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

29 PARKER DRIVE is a small detached house of 98m², which could now be worth an estimated £498,752. It was last sold for £492,500 in June 2022, which was around 24% below the average June 2022 detached price in the Basildon local authority area. The most recent EPC inspection was January 2019, where the current energy rating was B, and the potential energy rating was A.

29 PARKER DRIVE Sold Prices

Land registry data shows two sales for 29 PARKER DRIVE 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. Both of the two 29 PARKER 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
2022 30 JUN	£492,500	£650,949	24% below HPI
2019 22 FEB	£420,995	£556,108	24% below HPI

29 PARKER DRIVE 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 29 PARKER DRIVE sales from February 2019 and June 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 2019 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2022 sale, which was also at 24% below the HPI.

What might 29 PARKER DRIVE be worth now?

29 PARKER DRIVE might now be worth an estimated £498,752.

This is based on house price inflation of 1.3%, between June 2022 and February 2025, 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 1.3% inflationary increase is applied to the most recent sale price for 29 PARKER DRIVE of £492,500 on 30th June 2022. For the value to have increased from £492,500 to £498,752 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 29 PARKER DRIVE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The June 2022 sale price of £492,500 represented a fair market value for the property.
• The size, condition, and specification of 29 PARKER DRIVE has not materially changed since June 2022.

How Large is 29 PARKER DRIVE?

29 PARKER DRIVE is 98m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 30% 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 29 PARKER DRIVE lies on this distribution: 28% of detached houses houses are smaller than 29 PARKER DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Basildon.

29 PARKER DRIVE: Plot and Title Map

29 PARKER DRIVE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 29 PARKER 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 PARKER 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.

Where is 29 PARKER DRIVE?

29 PARKER DRIVE is located in LANGDON HILLS, in the SS16 postcode district. The below map shows the position of No. 29 on PARKER DRIVE.