48, LATIMER DRIVE, BASILDON, SS15 4AD - £345,000

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

48 LATIMER DRIVE is a very small semi-detached house of 69m², built sometime between 1976 and 1982, which could now be worth an estimated £340,461. It was last sold for £345,000 in November 2022, which was around 18% below the average November 2022 semi-detached price in the Basildon local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

48 LATIMER DRIVE Sold Prices

Land registry data shows three sales for 48 LATIMER DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Basildon local authority area for the corresponding sale date. All of the three 48 LATIMER 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
2022 11 NOV	£345,000	£421,691	18% below HPI
2021 28 MAY	£315,000	£361,589	13% below HPI
2006 20 OCT	£150,000	£198,345	24% below HPI

48 LATIMER DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Basildon local authority area over time, sourced from the HPI. The three 48 LATIMER DRIVE sales between October 2006 and November 2022 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 2021 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2022 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 48 LATIMER DRIVE be worth now?

48 LATIMER DRIVE might now be worth an estimated £340,461.

This is based on house price deflation of 1.3%, between November 2022 and December 2024, for semi-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 1.3% deflationary decrease is applied to the most recent sale price for 48 LATIMER DRIVE of £345,000 on 11th November 2022. For the value to have decreased from £345,000 to £340,461 over the one year and eleven months to December 2024, the following assumptions must hold true:

• The value of 48 LATIMER DRIVE has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The November 2022 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 48 LATIMER DRIVE has not materially changed since November 2022.

How Large is 48 LATIMER DRIVE?

48 LATIMER DRIVE is 69m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 10% of semi-detached houses houses in Basildon, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Basildon, and where 48 LATIMER DRIVE lies on this distribution: 4% of semi-detached houses houses are smaller than 48 LATIMER DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Basildon.

48 LATIMER DRIVE: Plot and Title Map

48 LATIMER DRIVE sits on a plot of roughly 0.031 of an acre, or 126m². The below map shows the location of 48 LATIMER 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 48 LATIMER 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 48 LATIMER DRIVE?

48 LATIMER DRIVE is located in BASILDON, in the SS15 postcode district. The below map shows the position of No. 48 on LATIMER DRIVE.