5, HOOVER DRIVE, BASILDON, SS15 6LF - £260,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 HOOVER DRIVE is a very small detached house of 63m², built sometime between 1983 and 1990. It was last sold for £260,000 in June 2021, which was around 56% below the average June 2021 detached price in the Basildon local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

5 HOOVER DRIVE Sold Prices

Land registry data shows two sales for 5 HOOVER DRIVE 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 5 HOOVER 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 21 JUN	£260,000	£587,524	56% below HPI
2000 17 MAY	£86,000	£161,402	47% below HPI

5 HOOVER 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 two 5 HOOVER DRIVE sales from May 2000 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 2000 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the June 2021 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is 5 HOOVER DRIVE?

5 HOOVER DRIVE is 63m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% of detached houses in Basildon, based on EPC data. The below chart shows the distribution of detached houses by size in Basildon, and where 5 HOOVER DRIVE lies on this distribution: 3% of detached houses are smaller than 5 HOOVER DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Basildon.

5 HOOVER DRIVE: Plot and Title Map

5 HOOVER DRIVE sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 5 HOOVER 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 5 HOOVER 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 5 HOOVER DRIVE?

5 HOOVER DRIVE is located in BASILDON, in the SS15 postcode district. The below map shows the position of No. 5 on HOOVER DRIVE.