53, LENHAM WAY, PITSEA, BASILDON, SS13 2NT - £222,000

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.

53 LENHAM WAY is a very small detached house of 73m², built sometime between 1976 and 1982, which could now be worth an estimated £429,507. It was last sold for £222,000 in May 2011, which was around 35% below the average May 2011 detached price in the Basildon local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was C.

53 LENHAM WAY Sold Prices

Land registry data shows two sales for 53 LENHAM WAY 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 53 LENHAM WAY 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
2011 31 MAY	£222,000	£340,728	35% below HPI
1999 9 JUL	£81,000	£140,168	42% below HPI

53 LENHAM WAY 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 53 LENHAM WAY sales from July 1999 and May 2011 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 July 1999 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the May 2011 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 53 LENHAM WAY be worth now?

53 LENHAM WAY might now be worth an estimated £429,507.

This is based on house price inflation of 93.5%, between May 2011 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 93.5% inflationary increase is applied to the most recent sale price for 53 LENHAM WAY of £222,000 on 31st May 2011. For the value to have increased from £222,000 to £429,507 over the fourteen years and three months to February 2025, the following assumptions must hold true:

• The value of 53 LENHAM WAY has moved in line with the HPI for detached houses in the Basildon local authority area.
• The May 2011 sale price of £222,000 represented a fair market value for the property.
• The size, condition, and specification of 53 LENHAM WAY has not materially changed since May 2011.

How Large is 53 LENHAM WAY?

53 LENHAM WAY is 73m² according to the EPC inspection conducted in November 2009. This puts it in the smallest 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 53 LENHAM WAY lies on this distribution: 6% of detached houses houses are smaller than 53 LENHAM WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Basildon.

53 LENHAM WAY: Plot and Title Map

53 LENHAM WAY sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 53 LENHAM WAY, 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 53 LENHAM WAY). 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 53 LENHAM WAY?

53 LENHAM WAY is located in PITSEA, in the SS13 postcode district. The below map shows the position of No. 53 on LENHAM WAY.