50, REDWOOD DRIVE, LAINDON, BASILDON, SS15 4AF - £445,000

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 REDWOOD DRIVE is a midsized detached house of 109m², built sometime between 1996 and 2002. It was last sold for £445,000 in June 2020, which was around 21% below the average June 2020 detached price in the Basildon local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

50 REDWOOD DRIVE Sold Prices

Land registry data shows three sales for 50 REDWOOD DRIVE 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 50 REDWOOD 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
2020 4 JUN	£445,000	£564,444	21% below HPI
2006 24 OCT	£290,000	£317,276	9% below HPI
1997 27 MAR	£104,995	£108,355	3% below HPI

50 REDWOOD 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 three 50 REDWOOD DRIVE sales between March 1997 and June 2020 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 October 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the June 2020 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 50 REDWOOD DRIVE?

50 REDWOOD DRIVE is 109m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 50% of detached houses in Basildon, based on EPC data. The below chart shows the distribution of detached houses by size in Basildon, and where 50 REDWOOD DRIVE lies on this distribution: 41% of detached houses are smaller than 50 REDWOOD DRIVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Basildon.

50 REDWOOD DRIVE: Plot and Title Map

50 REDWOOD DRIVE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 50 REDWOOD 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 50 REDWOOD 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 50 REDWOOD DRIVE?

50 REDWOOD DRIVE is located in LAINDON, in the SS15 postcode district. The below map shows the position of No. 50 on REDWOOD DRIVE.