7, CUMBERLAND DRIVE, BASILDON, SS15 6QS - £400,000

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.

7 CUMBERLAND DRIVE is a small extended detached house of 105m², built sometime between 1976 and 1982, which could now be worth an estimated £445,236. It was last sold for £400,000 in October 2020, which was around 32% below the average October 2020 detached price in the Basildon local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

7 CUMBERLAND DRIVE Sold Prices

Land registry data shows four sales for 7 CUMBERLAND DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the four 7 CUMBERLAND 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
2020 27 OCT	£400,000	£592,236	32% below HPI
2012 17 SEP	£250,000	£356,959	30% below HPI
2006 17 MAR	£222,000	£311,352	29% below HPI
1999 21 OCT	£99,995	£144,620	31% below HPI

7 CUMBERLAND DRIVE 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 four 7 CUMBERLAND DRIVE sales between October 1999 and October 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 September 2012 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2020 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 7 CUMBERLAND DRIVE be worth now?

7 CUMBERLAND DRIVE might now be worth an estimated £445,236.

This is based on house price inflation of 11.3%, between October 2020 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 11.3% inflationary increase is applied to the most recent sale price for 7 CUMBERLAND DRIVE of £400,000 on 27th October 2020. For the value to have increased from £400,000 to £445,236 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 7 CUMBERLAND DRIVE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The October 2020 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CUMBERLAND DRIVE has not materially changed since October 2020.

How Large is 7 CUMBERLAND DRIVE?

7 CUMBERLAND DRIVE is 105m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 40% of detached houses houses in Basildon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Basildon, and where 7 CUMBERLAND DRIVE lies on this distribution: 36% of detached houses houses are smaller than 7 CUMBERLAND DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Basildon.

7 CUMBERLAND DRIVE: Plot and Title Map

7 CUMBERLAND DRIVE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 7 CUMBERLAND 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 7 CUMBERLAND 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 7 CUMBERLAND DRIVE?

7 CUMBERLAND DRIVE is located in BASILDON, in the SS15 postcode district. The below map shows the position of No. 7 on CUMBERLAND DRIVE.