40, GILBERT DRIVE, LANGDON HILLS, BASILDON, SS16 6SP - £435,000

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

40 GILBERT DRIVE is a very small detached house of 89m², built sometime between 1996 and 2002. It was last sold for £435,000 in June 2021, which was around 26% below the average June 2021 detached price in the Basildon local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

40 GILBERT DRIVE Sold Prices

Land registry data shows three sales for 40 GILBERT 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 40 GILBERT 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
2021 24 JUN	£435,000	£587,524	26% below HPI
2016 27 MAY	£365,000	£491,479	26% below HPI
1998 1 JUL	£116,000	£128,698	10% below HPI

40 GILBERT 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 40 GILBERT DRIVE sales between July 1998 and June 2021 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 May 2016 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2021 sale, which was also at 26% below the HPI.

How Large is 40 GILBERT DRIVE?

40 GILBERT DRIVE is 89m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% 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 GILBERT DRIVE lies on this distribution: 19% of detached houses are smaller than 40 GILBERT DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Basildon.

40 GILBERT DRIVE: Plot and Title Map

40 GILBERT DRIVE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 40 GILBERT 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 40 GILBERT 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 40 GILBERT DRIVE?

40 GILBERT DRIVE is located in LANGDON HILLS, in the SS16 postcode district. The below map shows the position of No. 40 on GILBERT DRIVE.