MAYFIELD, OSBORNE ROAD, PITSEA, BASILDON, SS13 2LG - £360,000

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

MAYFIELD is a very small extended detached house of 58m², built sometime between 1950 and 1966. It was last sold for £360,000 in February 2024, which was around 45% below the average February 2024 detached price in the Basildon local authority area. The most recent EPC inspection was June 2022, where the current energy rating was E, and the potential energy rating was C.

MAYFIELD Sold Prices

Land registry data shows three sales for MAYFIELD 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 MAYFIELD 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
2024 16 FEB	£360,000	£659,258	45% below HPI
2008 31 JAN	£260,000	£361,189	28% below HPI
2003 10 MAR	£239,995	£269,152	11% below HPI

MAYFIELD 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 MAYFIELD sales between March 2003 and February 2024 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 January 2008 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2024 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is MAYFIELD?

MAYFIELD is 58m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 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 MAYFIELD lies on this distribution: 2% of detached houses are smaller than MAYFIELD, and 98% of houses are larger. Note that EPC data is not available for all properties in North Benfleet.

MAYFIELD: Plot and Title Map

MAYFIELD sits on a plot of roughly 0.173 of an acre, or 701m². The below map shows the location of MAYFIELD, 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 MAYFIELD). 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 MAYFIELD?

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