4, HOOVER DRIVE, BASILDON, SS15 6LF - £245,000

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

4 HOOVER DRIVE is a midsized detached house of 113m², built sometime between 1983 and 1990, which could now be worth an estimated £468,319. It was last sold for £245,000 in August 2011, which was around 29% below the average August 2011 detached price in the Basildon local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

4 HOOVER DRIVE Sold Prices

Land registry data shows two sales for 4 HOOVER 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 4 HOOVER 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
2011 3 AUG	£245,000	£343,030	29% below HPI
2006 31 JUL	£234,000	£313,496	25% below HPI

4 HOOVER 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 4 HOOVER DRIVE sales from July 2006 and August 2011 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 July 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2011 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 4 HOOVER DRIVE be worth now?

4 HOOVER DRIVE might now be worth an estimated £468,319.

This is based on house price inflation of 91.2%, between August 2011 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 91.2% inflationary increase is applied to the most recent sale price for 4 HOOVER DRIVE of £245,000 on 3rd August 2011. For the value to have increased from £245,000 to £468,319 over the twelve years and eight months to December 2024, the following assumptions must hold true:

• The value of 4 HOOVER DRIVE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The August 2011 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 4 HOOVER DRIVE has not materially changed since August 2011.

How Large is 4 HOOVER DRIVE?

4 HOOVER DRIVE is 113m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 50% 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 HOOVER DRIVE lies on this distribution: 47% of detached houses houses are smaller than 4 HOOVER DRIVE, and 53% of houses are larger. Note that EPC data is not available for all properties in Basildon.

4 HOOVER DRIVE: Plot and Title Map

4 HOOVER DRIVE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 4 HOOVER 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 HOOVER 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 HOOVER DRIVE?

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