9, OSTERLEY DRIVE, LANGDON HILLS, BASILDON, SS16 6RZ - £350,000

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.

9 OSTERLEY DRIVE is a small detached house of 91m², built sometime between 1983 and 1990, which could now be worth an estimated £371,884. It was last sold for £350,000 in November 2021, which was around 44% below the average November 2021 detached price in the Basildon local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

9 OSTERLEY DRIVE Sold Prices

Land registry data shows three sales for 9 OSTERLEY DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the three 9 OSTERLEY 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
2021 12 NOV	£350,000	£620,420	44% below HPI
2007 22 JUN	£234,995	£334,430	30% below HPI
1999 20 OCT	£103,000	£144,620	29% below HPI

9 OSTERLEY 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 three 9 OSTERLEY DRIVE sales between October 1999 and November 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 June 2007 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2021 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 9 OSTERLEY DRIVE be worth now?

9 OSTERLEY DRIVE might now be worth an estimated £371,884.

This is based on house price inflation of 6.3%, between November 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 6.3% inflationary increase is applied to the most recent sale price for 9 OSTERLEY DRIVE of £350,000 on 12th November 2021. For the value to have increased from £350,000 to £371,884 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 9 OSTERLEY DRIVE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The November 2021 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 9 OSTERLEY DRIVE has not materially changed since November 2021.

How Large is 9 OSTERLEY DRIVE?

9 OSTERLEY DRIVE is 91m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 30% 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 9 OSTERLEY DRIVE lies on this distribution: 21% of detached houses houses are smaller than 9 OSTERLEY DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Basildon.

9 OSTERLEY DRIVE: Plot and Title Map

9 OSTERLEY DRIVE sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 9 OSTERLEY 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 9 OSTERLEY 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 9 OSTERLEY DRIVE?

9 OSTERLEY DRIVE is located in LANGDON HILLS, in the SS16 postcode district. The below map shows the position of No. 9 on OSTERLEY DRIVE.