6, POUND LANE, BOWERS GIFFORD, BASILDON, SS13 2HF - £246,500

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

6 POUND LANE is a very small detached house of 78m², built sometime between 1950 and 1966. It was last sold for £246,500 in June 2011, which was around 27% below the average June 2011 detached price in the Basildon local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.

6 POUND LANE Sold Prices

Land registry data shows two sales for 6 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 6 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
2011 29 JUN	£246,500	£336,534	27% below HPI
2009 27 NOV	£222,000	£315,579	30% below HPI

6 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 6 POUND LANE sales from November 2009 and June 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 November 2009 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2011 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 6 POUND LANE?

6 POUND LANE is 78m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 20% 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 6 POUND LANE lies on this distribution: 16% of detached houses are smaller than 6 POUND LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in North Benfleet.

6 POUND LANE: Plot and Title Map

6 POUND LANE sits on a plot of roughly 0.124 of an acre, or 501m². The below map shows the location of 6 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 6 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 6 POUND LANE?

6 POUND LANE is located in BOWERS GIFFORD, in the SS13 postcode district. The below map shows the position of No. 6 on POUND LANE.