38, ILMINGTON DRIVE, BASILDON, SS13 1RD - £225,000

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.

38 ILMINGTON DRIVE is a small detached house of 105m², built sometime between 1983 and 1990, which could now be worth an estimated £435,500. It was last sold for £225,000 in February 2012, which was around 34% below the average February 2012 detached price in the Basildon local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

38 ILMINGTON DRIVE Sold Prices

Land registry data shows two sales for 38 ILMINGTON 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 38 ILMINGTON 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
2012 3 FEB	£225,000	£340,580	34% below HPI
1997 18 APR	£76,000	£107,276	29% below HPI

38 ILMINGTON 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 38 ILMINGTON DRIVE sales from April 1997 and February 2012 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 April 1997 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2012 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 38 ILMINGTON DRIVE be worth now?

38 ILMINGTON DRIVE might now be worth an estimated £435,500.

This is based on house price inflation of 93.6%, between February 2012 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 93.6% inflationary increase is applied to the most recent sale price for 38 ILMINGTON DRIVE of £225,000 on 3rd February 2012. For the value to have increased from £225,000 to £435,500 over the thirteen years to February 2025, the following assumptions must hold true:

• The value of 38 ILMINGTON DRIVE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The February 2012 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 38 ILMINGTON DRIVE has not materially changed since February 2012.

How Large is 38 ILMINGTON DRIVE?

38 ILMINGTON DRIVE is 105m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 40% 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 38 ILMINGTON DRIVE lies on this distribution: 37% of detached houses houses are smaller than 38 ILMINGTON DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Basildon.

38 ILMINGTON DRIVE: Plot and Title Map

38 ILMINGTON DRIVE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 38 ILMINGTON 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 38 ILMINGTON 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 38 ILMINGTON DRIVE?

38 ILMINGTON DRIVE is located in BASILDON, in the SS13 postcode district. The below map shows the position of No. 38 on ILMINGTON DRIVE.