54, POUND LANE, BOWERS GIFFORD, BASILDON, SS13 2HW - £490,000

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

54 POUND LANE is a large extended detached house of 148m², built sometime between 1900 and 1929. It was last sold for £490,000 in November 2020, which was around 17% below the average November 2020 detached price in the Basildon local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

54 POUND LANE Sold Prices

Land registry data shows two sales for 54 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 54 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
2020 17 NOV	£490,000	£593,187	17% below HPI
2014 12 MAY	£310,000	£377,631	18% below HPI

54 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 54 POUND LANE sales from May 2014 and November 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 May 2014 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2020 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 54 POUND LANE?

54 POUND LANE is 148m², which includes two extensions, according to the EPC inspection conducted in October 2018. This puts it in the largest 40% 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 54 POUND LANE lies on this distribution: 64% of detached houses are smaller than 54 POUND LANE, and 35% of houses are larger. Note that EPC data is not available for all properties in North Benfleet.

54 POUND LANE: Plot and Title Map

54 POUND LANE sits on a plot of roughly 0.124 of an acre, or 501m². The below map shows the location of 54 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 54 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 54 POUND LANE?

54 POUND LANE is located in BOWERS GIFFORD, in the SS13 postcode district. The below map shows the position of No. 54 on POUND LANE.