79, SOMERSET ROAD, BASILDON, SS15 6PP - £450,000

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.

79 SOMERSET ROAD is a very small extended detached house of 85m², built sometime between 1976 and 1982, which could now be worth an estimated £492,036. It was last sold for £450,000 in August 2021, which was around 25% below the average August 2021 detached price in the Basildon local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

79 SOMERSET ROAD Sold Prices

Land registry data shows five sales for 79 SOMERSET ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the five 79 SOMERSET ROAD 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
2021 27 AUG	£450,000	£602,894	25% below HPI
2018 1 OCT	£380,000	£566,381	33% below HPI
2011 21 APR	£237,500	£344,704	31% below HPI
2001 14 DEC	£155,000	£209,480	26% below HPI
1997 29 MAY	£79,995	£108,108	26% below HPI

79 SOMERSET ROAD 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 five 79 SOMERSET ROAD sales between May 1997 and August 2021 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 October 2018 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2021 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 79 SOMERSET ROAD be worth now?

79 SOMERSET ROAD might now be worth an estimated £492,036.

This is based on house price inflation of 9.3%, between August 2021 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 9.3% inflationary increase is applied to the most recent sale price for 79 SOMERSET ROAD of £450,000 on 27th August 2021. For the value to have increased from £450,000 to £492,036 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 79 SOMERSET ROAD has moved in line with the HPI for detached houses in the Basildon local authority area.
• The August 2021 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 79 SOMERSET ROAD has not materially changed since August 2021.

How Large is 79 SOMERSET ROAD?

79 SOMERSET ROAD is 85m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 20% 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 79 SOMERSET ROAD lies on this distribution: 13% of detached houses houses are smaller than 79 SOMERSET ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Basildon.

79 SOMERSET ROAD: Plot and Title Map

79 SOMERSET ROAD sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 79 SOMERSET ROAD, 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 79 SOMERSET ROAD). 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 79 SOMERSET ROAD?

79 SOMERSET ROAD is located in BASILDON, in the SS15 postcode district. The below map shows the position of No. 79 on SOMERSET ROAD.