3, POUND LANE NORTH, LAINDON, BASILDON, SS15 4ES - £540,000

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

3 POUND LANE NORTH is a very large detached house of 206m², built sometime between 1983 and 1990, which could now be worth an estimated £638,644. It was last sold for £540,000 in October 2017, which was around 3% below the average October 2017 detached price in the Basildon local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

3 POUND LANE NORTH Sold Prices

Land registry data shows four sales for 3 POUND LANE NORTH since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. Most of the four 3 POUND LANE NORTH sales were 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
2017 30 OCT	£540,000	£554,425	3% below HPI
2014 19 NOV	£460,000	£406,957	13% above HPI
2011 15 APR	£422,500	£344,704	23% above HPI
2002 15 FEB	£249,995	£211,860	18% above HPI

3 POUND LANE NORTH 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 four 3 POUND LANE NORTH sales between February 2002 and October 2017 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 November 2014 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the October 2017 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 3 POUND LANE NORTH be worth now?

3 POUND LANE NORTH might now be worth an estimated £638,644.

This is based on house price inflation of 18.3%, between October 2017 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 18.3% inflationary increase is applied to the most recent sale price for 3 POUND LANE NORTH of £540,000 on 30th October 2017. For the value to have increased from £540,000 to £638,644 over the six years and ten months to December 2024, the following assumptions must hold true:

• The value of 3 POUND LANE NORTH has moved in line with the HPI for detached houses in the Basildon local authority area.
• The October 2017 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 3 POUND LANE NORTH has not materially changed since October 2017.

How Large is 3 POUND LANE NORTH?

3 POUND LANE NORTH is 206m² according to the EPC inspection conducted in November 2010. 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 3 POUND LANE NORTH lies on this distribution: 97% of detached houses houses are smaller than 3 POUND LANE NORTH, and 3% of houses are larger. Note that EPC data is not available for all properties in Basildon.

3 POUND LANE NORTH: Plot and Title Map

3 POUND LANE NORTH sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 3 POUND LANE NORTH, 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 POUND LANE NORTH). 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 POUND LANE NORTH?

3 POUND LANE NORTH is located in LAINDON, in the SS15 postcode district. The below map shows the position of No. 3 on POUND LANE NORTH.