45, SHEPESHALL, BASILDON, SS15 5EL - £230,000

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

45 SHEPESHALL is a very small detached house of 70m², built sometime between 1950 and 1966, which could now be worth an estimated £311,816. It was last sold for £230,000 in March 2016, which was around 53% below the average March 2016 detached price in the Basildon local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was B.

45 SHEPESHALL Sold Prices

Land registry data shows three sales for 45 SHEPESHALL 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 45 SHEPESHALL 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
2016 17 MAR	£230,000	£486,244	53% below HPI
2003 30 JUN	£58,566	£276,153	79% below HPI
1995 23 NOV	£41,000	£101,413	60% below HPI

45 SHEPESHALL 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 45 SHEPESHALL sales between November 1995 and March 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 June 2003 sale was for 79% below the HPI. So the extrapolation line tracks at 79% below the HPI over time, until the March 2016 sale, where it rises to 53% below the HPI. The line then continues to track at 53% below the HPI.

What might 45 SHEPESHALL be worth now?

45 SHEPESHALL might now be worth an estimated £311,816.

This is based on house price inflation of 35.6%, between March 2016 and February 2025, 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 35.6% inflationary increase is applied to the most recent sale price for 45 SHEPESHALL of £230,000 on 17th March 2016. For the value to have increased from £230,000 to £311,816 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 45 SHEPESHALL has moved in line with the HPI for detached houses in the Basildon local authority area.
• The March 2016 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 45 SHEPESHALL has not materially changed since March 2016.

How Large is 45 SHEPESHALL?

45 SHEPESHALL is 70m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 10% 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 45 SHEPESHALL lies on this distribution: 4% of detached houses houses are smaller than 45 SHEPESHALL, and 95% of houses are larger. Note that EPC data is not available for all properties in Basildon.

45 SHEPESHALL: Plot and Title Map

45 SHEPESHALL sits on a plot of roughly 0.029 of an acre, or 118m². The below map shows the location of 45 SHEPESHALL, 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 45 SHEPESHALL). 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 45 SHEPESHALL?

45 SHEPESHALL is located in BASILDON, in the SS15 postcode district. The below map shows the position of No. 45 on SHEPESHALL.