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

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.

6 POUND LANE is a very small detached house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £479,844. 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	£338,643	27% below HPI
2009 27 NOV	£222,000	£317,556	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.

What might 6 POUND LANE be worth now?

6 POUND LANE might now be worth an estimated £479,844.

This is based on house price inflation of 94.7%, between June 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 94.7% inflationary increase is applied to the most recent sale price for 6 POUND LANE of £246,500 on 29th June 2011. For the value to have increased from £246,500 to £479,844 over the fourteen years and four months to February 2025, the following assumptions must hold true:

• The value of 6 POUND LANE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The June 2011 sale price of £246,500 represented a fair market value for the property.
• The size, condition, and specification of 6 POUND LANE has not materially changed since June 2011.

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 houses in North Benfleet, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Benfleet, and where 6 POUND LANE lies on this distribution: 17% of detached houses houses are smaller than 6 POUND LANE, and 83% 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.