3, CASHMERE WAY, BASILDON, SS16 4RE - £250,000

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.

3 CASHMERE WAY is a very small semi-detached house of 78m², built sometime between 1983 and 1990, which could now be worth an estimated £387,730. It was last sold for £250,000 in August 2015, which was around 7% below the average August 2015 semi-detached price in the Basildon local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

3 CASHMERE WAY Sold Prices

Land registry data shows three sales for 3 CASHMERE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Basildon local authority area for the corresponding sale date. All of the three 3 CASHMERE 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
2015 7 AUG	£250,000	£268,739	7% below HPI
2012 2 MAR	£195,000	£210,460	7% below HPI
1998 10 JUL	£69,995	£75,657	7% below HPI

3 CASHMERE WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Basildon local authority area over time, sourced from the HPI. The three 3 CASHMERE WAY sales between July 1998 and August 2015 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 March 2012 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2015 sale, which was also at 7% below the HPI.

What might 3 CASHMERE WAY be worth now?

3 CASHMERE WAY might now be worth an estimated £387,730.

This is based on house price inflation of 55.1%, between August 2015 and February 2025, for semi-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 55.1% inflationary increase is applied to the most recent sale price for 3 CASHMERE WAY of £250,000 on 7th August 2015. For the value to have increased from £250,000 to £387,730 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 3 CASHMERE WAY has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The August 2015 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CASHMERE WAY has not materially changed since August 2015.

How Large is 3 CASHMERE WAY?

3 CASHMERE WAY is 78m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 10% of semi-detached houses houses in Basildon, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Basildon, and where 3 CASHMERE WAY lies on this distribution: 8% of semi-detached houses houses are smaller than 3 CASHMERE WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Basildon.

3 CASHMERE WAY: Plot and Title Map

3 CASHMERE WAY sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 3 CASHMERE 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 3 CASHMERE 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 3 CASHMERE WAY?

3 CASHMERE WAY is located in BASILDON, in the SS16 postcode district. The below map shows the position of No. 3 on CASHMERE WAY.