4, ALBERT DRIVE, BASILDON, SS15 5UT - £395,000

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.

4 ALBERT DRIVE is a very large extended detached house of 157m², built sometime between 1967 and 1975, which could now be worth an estimated £538,954. It was last sold for £395,000 in February 2016, which was around 18% below the average February 2016 detached price in the Basildon local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

4 ALBERT DRIVE Sold Prices

Land registry data shows three sales for 4 ALBERT DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the three 4 ALBERT 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
2016 26 FEB	£395,000	£483,137	18% below HPI
2013 31 JAN	£190,000	£342,664	45% below HPI
2001 17 DEC	£95,500	£209,480	54% below HPI

4 ALBERT 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 three 4 ALBERT DRIVE sales between December 2001 and February 2016 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 January 2013 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the February 2016 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 4 ALBERT DRIVE be worth now?

4 ALBERT DRIVE might now be worth an estimated £538,954.

This is based on house price inflation of 36.4%, between February 2016 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 36.4% inflationary increase is applied to the most recent sale price for 4 ALBERT DRIVE of £395,000 on 26th February 2016. For the value to have increased from £395,000 to £538,954 over the nine years to February 2025, the following assumptions must hold true:

• The value of 4 ALBERT DRIVE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The February 2016 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ALBERT DRIVE has not materially changed since February 2016.

How Large is 4 ALBERT DRIVE?

4 ALBERT DRIVE is 157m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 20% 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 4 ALBERT DRIVE lies on this distribution: 86% of detached houses houses are smaller than 4 ALBERT DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Basildon.

4 ALBERT DRIVE: Plot and Title Map

4 ALBERT DRIVE sits on a plot of roughly 0.146 of an acre, or 591m². The below map shows the location of 4 ALBERT 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 4 ALBERT 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 4 ALBERT DRIVE?

4 ALBERT DRIVE is located in BASILDON, in the SS15 postcode district. The below map shows the position of No. 4 on ALBERT DRIVE.