50, POUND LANE, BOWERS GIFFORD, BASILDON, SS13 2HW - £315,000

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

50 POUND LANE is a small extended detached house of 91m², built sometime between 1950 and 1966. It was last sold for £315,000 in November 2014, which was around 22% below the average November 2014 detached price in the Basildon local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

50 POUND LANE Sold Prices

Land registry data shows two sales for 50 POUND 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. Both of the two 50 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
2014 17 NOV	£315,000	£404,422	22% below HPI
2002 13 DEC	£197,000	£262,113	25% below HPI

50 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 two 50 POUND LANE sales from December 2002 and November 2014 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 2002 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2014 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 50 POUND LANE?

50 POUND LANE is 91m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 30% 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 50 POUND LANE lies on this distribution: 26% of detached houses are smaller than 50 POUND LANE, and 73% of houses are larger. Note that EPC data is not available for all properties in North Benfleet.

50 POUND LANE: Plot and Title Map

50 POUND LANE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 50 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 50 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 50 POUND LANE?

50 POUND LANE is located in BOWERS GIFFORD, in the SS13 postcode district. The below map shows the position of No. 50 on POUND LANE.