MAJOLA, CLARENCE ROAD, BOWERS GIFFORD, BASILDON, SS13 2JW - £530,000

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

MAJOLA is a small detached house of 103m², built sometime between 1967 and 1975. It was last sold for £530,000 in May 2020, which was around 5% below the average May 2020 detached price in the Basildon local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

MAJOLA Sold Prices

Land registry data shows two sales for MAJOLA 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 MAJOLA 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 29 MAY	£530,000	£559,644	5% below HPI
2016 8 JUN	£480,000	£496,602	3% below HPI

MAJOLA 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 MAJOLA sales from June 2016 and May 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 June 2016 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2020 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is MAJOLA?

MAJOLA is 103m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 40% 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 MAJOLA lies on this distribution: 36% of detached houses are smaller than MAJOLA, and 63% of houses are larger. Note that EPC data is not available for all properties in North Benfleet.

MAJOLA: Plot and Title Map

MAJOLA sits on a plot of roughly 0.619 of an acre, or 2,503m². The below map shows the location of MAJOLA, 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 MAJOLA). 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 MAJOLA?

MAJOLA is located on CLARENCE ROAD in BOWERS GIFFORD, in the SS13 postcode district. The below map shows the position of MAJOLA on CLARENCE ROAD.