48, POUND LANE, BOWERS GIFFORD, BASILDON, SS13 2HW - £450,000

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

48 POUND LANE is a very small extended detached house of 58m², built sometime between 1930 and 1949. It was last sold for £450,000 in February 2021, which was around 23% below the average February 2021 detached price in the Basildon local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

48 POUND LANE Sold Prices

Land registry data shows three sales for 48 POUND LANE 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 48 POUND LANE 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 15 FEB	£450,000	£588,224	23% below HPI
2016 18 NOV	£315,000	£528,072	40% below HPI
2012 13 JUL	£234,000	£342,896	32% below HPI

48 POUND LANE 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 48 POUND LANE sales between July 2012 and February 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 November 2016 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the February 2021 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 48 POUND LANE?

48 POUND LANE is 58m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the smallest 10% of detached houses in North Benfleet, based on EPC data. The below chart shows the distribution of detached houses by size in North Benfleet, and where 48 POUND LANE lies on this distribution: 1% of detached houses are smaller than 48 POUND LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in North Benfleet.

48 POUND LANE: Plot and Title Map

48 POUND LANE sits on a plot of roughly 0.141 of an acre, or 572m². The below map shows the location of 48 POUND LANE, 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 POUND LANE). 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 POUND LANE?

48 POUND LANE is located in BOWERS GIFFORD, in the SS13 postcode district. The below map shows the position of No. 48 on POUND LANE.