48, FIELDWAY, PITSEA, BASILDON, SS13 3DQ - £495,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

48 FIELDWAY is a very large detached house of 147m², built sometime between 1950 and 1966, which could now be worth an estimated £551,939. It was last sold for £495,000 in June 2021, which was around 16% below the average June 2021 detached price in the Basildon local authority area. The most recent EPC inspection was March 2012, where the current energy rating was F, and the potential energy rating was D.

48 FIELDWAY Sold Prices

Land registry data shows two sales for 48 FIELDWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. Both of the two 48 FIELDWAY 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 22 JUN	£495,000	£591,207	16% below HPI
2012 26 SEP	£280,000	£356,959	22% below HPI

48 FIELDWAY 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 two 48 FIELDWAY sales from September 2012 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 September 2012 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2021 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 48 FIELDWAY be worth now?

48 FIELDWAY might now be worth an estimated £551,939.

This is based on house price inflation of 11.5%, between June 2021 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 11.5% inflationary increase is applied to the most recent sale price for 48 FIELDWAY of £495,000 on 22nd June 2021. For the value to have increased from £495,000 to £551,939 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 48 FIELDWAY has moved in line with the HPI for detached houses in the Basildon local authority area.
• The June 2021 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 48 FIELDWAY has not materially changed since June 2021.

How Large is 48 FIELDWAY?

48 FIELDWAY is 147m² according to the EPC inspection conducted in March 2012. This puts it in the largest 20% 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 48 FIELDWAY lies on this distribution: 82% of detached houses houses are smaller than 48 FIELDWAY, and 18% of houses are larger. Note that EPC data is not available for all properties in Basildon.

48 FIELDWAY: Plot and Title Map

48 FIELDWAY sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of 48 FIELDWAY, 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 48 FIELDWAY). 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 48 FIELDWAY?

48 FIELDWAY is located in PITSEA, in the SS13 postcode district. The below map shows the position of No. 48 on FIELDWAY.