4, REDWOOD DRIVE, LAINDON, BASILDON, SS15 4AF - £512,500

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 REDWOOD DRIVE is a very large detached house of 183m², built sometime between 1996 and 2002. It was last sold for £512,500 in December 2020, which was around 14% below the average December 2020 detached price in the Basildon local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was C.

4 REDWOOD DRIVE Sold Prices

Land registry data shows three sales for 4 REDWOOD 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. Two of the three 4 REDWOOD DRIVE sales were for below the average price, whilst one was 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
2020 11 DEC	£512,500	£596,199	14% below HPI
2011 25 AUG	£277,000	£340,893	19% below HPI
1999 2 SEP	£152,000	£141,501	7% above HPI

4 REDWOOD 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 REDWOOD DRIVE sales between September 1999 and December 2020 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 August 2011 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2020 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 4 REDWOOD DRIVE?

4 REDWOOD DRIVE is 183m² according to the EPC inspection conducted in May 2023. This puts it in the largest 10% 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 REDWOOD DRIVE lies on this distribution: 94% of detached houses are smaller than 4 REDWOOD DRIVE, and 6% of houses are larger. Note that EPC data is not available for all properties in Basildon.

4 REDWOOD DRIVE: Plot and Title Map

4 REDWOOD DRIVE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 4 REDWOOD 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 REDWOOD 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 REDWOOD DRIVE?

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