40, CAVENDISH WAY, BASILDON, SS15 4ET - £560,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

40 CAVENDISH WAY is a midsized extended detached house of 111m², built sometime between 1983 and 1990. It was last sold for £560,000 in March 2023, which was around 17% below the average March 2023 detached price in the Basildon local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

40 CAVENDISH WAY Sold Prices

Land registry data shows four sales for 40 CAVENDISH WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. Most of the four 40 CAVENDISH WAY 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
2023 28 MAR	£560,000	£670,994	17% below HPI
2019 26 JUL	£480,000	£551,750	13% below HPI
2004 13 APR	£265,000	£291,870	9% below HPI
1999 26 MAY	£135,000	£129,978	4% above HPI

40 CAVENDISH WAY 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 four 40 CAVENDISH WAY sales between May 1999 and March 2023 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 2019 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2023 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 40 CAVENDISH WAY?

40 CAVENDISH WAY is 111m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 50% of detached houses in Basildon, based on EPC data. The below chart shows the distribution of detached houses by size in Basildon, and where 40 CAVENDISH WAY lies on this distribution: 44% of detached houses are smaller than 40 CAVENDISH WAY, and 55% of houses are larger. Note that EPC data is not available for all properties in Basildon.

40 CAVENDISH WAY: Plot and Title Map

40 CAVENDISH WAY sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 40 CAVENDISH WAY, 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 40 CAVENDISH WAY). 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 40 CAVENDISH WAY?

40 CAVENDISH WAY is located in BASILDON, in the SS15 postcode district. The below map shows the position of No. 40 on CAVENDISH WAY.