5, LEE CHAPEL LANE, LANGDON HILLS, BASILDON, SS16 5PW - £680,000

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.

5 LEE CHAPEL LANE is a very large extended detached house of 209m², built sometime between 1996 and 2002, which could now be worth an estimated £801,975. It was last sold for £680,000 in June 2018, which was around 22% above the average June 2018 detached price in the Basildon local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was C.

5 LEE CHAPEL LANE Sold Prices

Land registry data shows two sales for 5 LEE CHAPEL LANE 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. One of the two 5 LEE CHAPEL LANE sales was for above the average price, whilst the other was 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
2018 21 JUN	£680,000	£558,950	22% above HPI
2000 7 DEC	£145,000	£173,335	16% below HPI

5 LEE CHAPEL 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 two 5 LEE CHAPEL LANE sales from December 2000 and June 2018 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 December 2000 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2018 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 5 LEE CHAPEL LANE be worth now?

5 LEE CHAPEL LANE might now be worth an estimated £801,975.

This is based on house price inflation of 17.9%, between June 2018 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 17.9% inflationary increase is applied to the most recent sale price for 5 LEE CHAPEL LANE of £680,000 on 21st June 2018. For the value to have increased from £680,000 to £801,975 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 5 LEE CHAPEL LANE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The June 2018 sale price of £680,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LEE CHAPEL LANE has not materially changed since June 2018.

How Large is 5 LEE CHAPEL LANE?

5 LEE CHAPEL LANE is 209m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 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 5 LEE CHAPEL LANE lies on this distribution: 97% of detached houses houses are smaller than 5 LEE CHAPEL LANE, and 3% of houses are larger. Note that EPC data is not available for all properties in Basildon.

5 LEE CHAPEL LANE: Plot and Title Map

5 LEE CHAPEL LANE sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 5 LEE CHAPEL 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 5 LEE CHAPEL 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 5 LEE CHAPEL LANE?

5 LEE CHAPEL LANE is located in LANGDON HILLS, in the SS16 postcode district. The below map shows the position of No. 5 on LEE CHAPEL LANE.