WOODCOT, GRAYS AVENUE, LANGDON HILLS, BASILDON, SS16 5LP - £810,000

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.

WOODCOT is a large extended detached house of 141m², built sometime between 1983 and 1990, which could now be worth an estimated £902,100. It was last sold for £810,000 in February 2021, which was around 37% above the average February 2021 detached price in the Basildon local authority area. The most recent EPC inspection was February 2018, where the current energy rating was E, and the potential energy rating was C.

WOODCOT Sold Prices

Land registry data shows three sales for WOODCOT 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 WOODCOT sales were for above the average price, whilst one was 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 18 FEB	£810,000	£591,910	37% above HPI
2002 5 FEB	£349,995	£211,860	65% above HPI
1995 28 MAR	£50,000	£99,137	50% below HPI

WOODCOT 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 WOODCOT sales between March 1995 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 February 2002 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the February 2021 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might WOODCOT be worth now?

WOODCOT might now be worth an estimated £902,100.

This is based on house price inflation of 11.4%, between February 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 11.4% inflationary increase is applied to the most recent sale price for WOODCOT of £810,000 on 18th February 2021. For the value to have increased from £810,000 to £902,100 over the four years to February 2025, the following assumptions must hold true:

• The value of WOODCOT has moved in line with the HPI for detached houses in the Basildon local authority area.
• The February 2021 sale price of £810,000 represented a fair market value for the property.
• The size, condition, and specification of WOODCOT has not materially changed since February 2021.

How Large is WOODCOT?

WOODCOT is 141m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the largest 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 WOODCOT lies on this distribution: 79% of detached houses houses are smaller than WOODCOT, and 21% of houses are larger. Note that EPC data is not available for all properties in Basildon.

WOODCOT: Plot and Title Map

WOODCOT sits on a plot of roughly 0.758 of an acre, or 3,068m². The below map shows the location of WOODCOT, 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 WOODCOT). 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 WOODCOT?

WOODCOT is located on GRAYS AVENUE in LANGDON HILLS, in the SS16 postcode district. The below map shows the position of WOODCOT on GRAYS AVENUE.