61, RAILWAY APPROACH, BASILDON, SS15 6JX - £395,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

61 RAILWAY APPROACH is a very small semi-detached house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £412,378. It was last sold for £395,000 in March 2024, which was around 1% below the average March 2024 semi-detached price in the Basildon local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

61 RAILWAY APPROACH Sold Prices

Land registry data shows four sales for 61 RAILWAY APPROACH since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Basildon local authority area for the corresponding sale date. two of the four 61 RAILWAY APPROACH sales were for below the average price, and four were for above 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
2024 22 MAR	£395,000	£398,606	1% below HPI
2014 28 MAR	£220,000	£227,725	3% below HPI
2009 2 OCT	£224,995	£196,015	15% above HPI
2006 12 MAY	£209,000	£193,922	8% above HPI

61 RAILWAY APPROACH 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 four 61 RAILWAY APPROACH sales between May 2006 and March 2024 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 March 2014 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the March 2024 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 61 RAILWAY APPROACH be worth now?

61 RAILWAY APPROACH might now be worth an estimated £412,378.

This is based on house price inflation of 4.4%, between March 2024 and December 2024, 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 4.4% inflationary increase is applied to the most recent sale price for 61 RAILWAY APPROACH of £395,000 on 22nd March 2024. For the value to have increased from £395,000 to £412,378 over the three months to December 2024, the following assumptions must hold true:

• The value of 61 RAILWAY APPROACH has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The March 2024 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 61 RAILWAY APPROACH has not materially changed since March 2024.

How Large is 61 RAILWAY APPROACH?

61 RAILWAY APPROACH is 87m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 20% 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 61 RAILWAY APPROACH lies on this distribution: 16% of semi-detached houses houses are smaller than 61 RAILWAY APPROACH, and 83% of houses are larger. Note that EPC data is not available for all properties in Basildon.

61 RAILWAY APPROACH: Plot and Title Map

61 RAILWAY APPROACH sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 61 RAILWAY APPROACH, 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 61 RAILWAY APPROACH). 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 61 RAILWAY APPROACH?

61 RAILWAY APPROACH is located in BASILDON, in the SS15 postcode district. The below map shows the position of No. 61 on RAILWAY APPROACH.