68, RAILWAY APPROACH, BASILDON, SS15 6JX - £425,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

68 RAILWAY APPROACH is a very small detached house of 86m², built sometime between 1983 and 1990. It was last sold for £425,000 in January 2020, which was around 25% below the average January 2020 detached price in the Basildon local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

68 RAILWAY APPROACH Sold Prices

Land registry data shows two sales for 68 RAILWAY APPROACH 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 68 RAILWAY APPROACH 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
2020 31 JAN	£425,000	£565,519	25% below HPI
2014 11 JUL	£308,000	£392,013	21% below HPI

68 RAILWAY APPROACH 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 68 RAILWAY APPROACH sales from July 2014 and January 2020 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 July 2014 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 68 RAILWAY APPROACH?

68 RAILWAY APPROACH is 86m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 20% of detached houses in Basildon, based on EPC data. The below chart shows the distribution of detached houses by size in Basildon, and where 68 RAILWAY APPROACH lies on this distribution: 15% of detached houses are smaller than 68 RAILWAY APPROACH, and 84% of houses are larger. Note that EPC data is not available for all properties in Basildon.

68 RAILWAY APPROACH: Plot and Title Map

68 RAILWAY APPROACH sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 68 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 68 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 68 RAILWAY APPROACH?

68 RAILWAY APPROACH is located in BASILDON, in the SS15 postcode district. The below map shows the position of No. 68 on RAILWAY APPROACH.