59, POUND LANE, LAINDON, BASILDON, SS15 5SP - £387,500

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.

59 POUND LANE is a small semi-detached house of 95m², built sometime between 1976 and 1982, which could now be worth an estimated £461,390. It was last sold for £387,500 in September 2018, which was around 11% above the average September 2018 semi-detached price in the Basildon local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

59 POUND LANE Sold Prices

Land registry data shows three sales for 59 POUND LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Basildon local authority area for the corresponding sale date. The three 59 POUND LANE sales were a mix of above the average price, roughly equal to the average price, and 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 14 SEP	£387,500	£350,045	11% above HPI
2015 28 AUG	£260,000	£268,739	3% below HPI
2003 26 SEP	£173,000	£172,650	Close to HPI

59 POUND LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Basildon local authority area over time, sourced from the HPI. The three 59 POUND LANE sales between September 2003 and September 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 August 2015 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2018 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 59 POUND LANE be worth now?

59 POUND LANE might now be worth an estimated £461,390.

This is based on house price inflation of 19.1%, between September 2018 and February 2025, for semi-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 19.1% inflationary increase is applied to the most recent sale price for 59 POUND LANE of £387,500 on 14th September 2018. For the value to have increased from £387,500 to £461,390 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 59 POUND LANE has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The September 2018 sale price of £387,500 represented a fair market value for the property.
• The size, condition, and specification of 59 POUND LANE has not materially changed since September 2018.

How Large is 59 POUND LANE?

59 POUND LANE is 95m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 30% of semi-detached houses houses in Basildon, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Basildon, and where 59 POUND LANE lies on this distribution: 25% of semi-detached houses houses are smaller than 59 POUND LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Basildon.

59 POUND LANE: Plot and Title Map

59 POUND LANE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 59 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 59 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 59 POUND LANE?

59 POUND LANE is located in LAINDON, in the SS15 postcode district. The below map shows the position of No. 59 on POUND LANE.