5A, BASILDON DRIVE, BASILDON, SS15 5QN - £295,000

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.

5A BASILDON DRIVE is a very small semi-detached house of 47m², built sometime between 1991 and 1995, which could now be worth an estimated £328,187. It was last sold for £295,000 in September 2021, which was around 21% below the average September 2021 semi-detached price in the Basildon local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

5A BASILDON DRIVE Sold Prices

Land registry data shows two sales for 5A BASILDON DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Basildon local authority area for the corresponding sale date. Both of the two 5A BASILDON 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
2021 17 SEP	£295,000	£374,646	21% below HPI
2007 24 AUG	£197,500	£217,116	9% below HPI

5A BASILDON DRIVE 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 two 5A BASILDON DRIVE sales from August 2007 and September 2021 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 2007 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2021 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 5A BASILDON DRIVE be worth now?

5A BASILDON DRIVE might now be worth an estimated £328,187.

This is based on house price inflation of 11.2%, between September 2021 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 11.2% inflationary increase is applied to the most recent sale price for 5A BASILDON DRIVE of £295,000 on 17th September 2021. For the value to have increased from £295,000 to £328,187 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 5A BASILDON DRIVE has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The September 2021 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 5A BASILDON DRIVE has not materially changed since September 2021.

How Large is 5A BASILDON DRIVE?

5A BASILDON DRIVE is 47m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% 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 5A BASILDON DRIVE lies on this distribution: 1% of semi-detached houses houses are smaller than 5A BASILDON DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Basildon.

5A BASILDON DRIVE: Plot and Title Map

5A BASILDON DRIVE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 5A BASILDON 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 5A BASILDON 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 5A BASILDON DRIVE?

5A BASILDON DRIVE is located in BASILDON, in the SS15 postcode district. The below map shows the position of No. 5A on BASILDON DRIVE.