Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
4 POUND LANE NORTH is a large extended detached house of 138m², built sometime between 1991 and 1995. It was last sold for £480,000 in May 2016, which was around 2% below the average May 2016 detached price in the Basildon local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 4 POUND LANE NORTH since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. Most of the five 4 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 |
---|---|---|---|
2016 5 MAY | £480,000 | £491,479 | 2% below HPI |
2004 5 NOV | £330,000 | £306,332 | 8% above HPI |
2002 8 FEB | £265,000 | £210,541 | 26% above HPI |
2000 18 FEB | £210,000 | £153,275 | 37% above HPI |
1995 12 MAY | £139,930 | £97,321 | 44% above HPI |
The below graph shows the average detached house price in the Basildon local authority area over time, sourced from the HPI. The five 4 POUND LANE NORTH sales between May 1995 and May 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 November 2004 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2016 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.
4 POUND LANE NORTH is 138m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the largest 30% of detached houses in Basildon, based on EPC data. The below chart shows the distribution of detached houses by size in Basildon, and where 4 POUND LANE NORTH lies on this distribution: 77% of detached houses are smaller than 4 POUND LANE NORTH, and 23% of houses are larger. Note that EPC data is not available for all properties in Basildon.
4 POUND LANE NORTH sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of 4 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 4 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.
4 POUND LANE NORTH is located in LAINDON, in the SS15 postcode district. The below map shows the position of No. 4 on POUND LANE NORTH.