ELM LODGE, ELM ROAD, PITSEA, BASILDON, SS13 2LY - £585,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

ELM LODGE is a very large detached house of 220m², built sometime between 1996 and 2002. It was last sold for £585,000 in February 2021, which was around 1% below the average February 2021 detached price in the Basildon local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was B.

ELM LODGE Sold Prices

Land registry data shows three sales for ELM LODGE 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. Two of the three ELM LODGE sales were for below the average price, whilst one was 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
2021 10 FEB	£585,000	£588,224	1% below HPI
2020 4 SEP	£600,000	£583,637	3% above HPI
1998 27 FEB	£54,000	£120,574	55% below HPI

ELM LODGE 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 ELM LODGE sales between February 1998 and February 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 September 2020 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2021 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is ELM LODGE?

ELM LODGE is 220m² according to the EPC inspection conducted in June 2012. This puts it in the largest 10% of detached houses in North Benfleet, based on EPC data. The below chart shows the distribution of detached houses by size in North Benfleet, and where ELM LODGE lies on this distribution: 96% of detached houses are smaller than ELM LODGE, and 4% of houses are larger. Note that EPC data is not available for all properties in North Benfleet.

ELM LODGE: Plot and Title Map

ELM LODGE sits on a plot of roughly 0.346 of an acre, or 1,398m². The below map shows the location of ELM LODGE, 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 ELM LODGE). 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 ELM LODGE?

ELM LODGE is located on ELM ROAD in PITSEA, in the SS13 postcode district. The below map shows the position of ELM LODGE on ELM ROAD.