118, GREAT GREGORIE, BASILDON, SS16 5QF - £450,000

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.

118 GREAT GREGORIE is a midsized extended terraced house of 122m², built sometime between 1950 and 1966, which could now be worth an estimated £443,099. It was last sold for £450,000 in January 2023, which was around 43% above the average January 2023 terraced price in the Basildon local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

118 GREAT GREGORIE Sold Prices

Land registry data shows two sales for 118 GREAT GREGORIE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Basildon local authority area for the corresponding sale date. Both of the two 118 GREAT GREGORIE sales were 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
2023 30 JAN	£450,000	£314,051	43% above HPI
2021 7 APR	£275,000	£270,890	2% above HPI

118 GREAT GREGORIE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Basildon local authority area over time, sourced from the HPI. The two 118 GREAT GREGORIE sales from April 2021 and January 2023 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 April 2021 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the January 2023 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 118 GREAT GREGORIE be worth now?

118 GREAT GREGORIE might now be worth an estimated £443,099.

This is based on house price deflation of 1.5%, between January 2023 and April 2026, for terraced 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 1.5% deflationary decrease is applied to the most recent sale price for 118 GREAT GREGORIE of £450,000 on 30th January 2023. For the value to have decreased from £450,000 to £443,099 over the two years and nine months to April 2026, the following assumptions must hold true:

• The value of 118 GREAT GREGORIE has moved in line with the HPI for terraced houses in the Basildon local authority area.
• The January 2023 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 118 GREAT GREGORIE has not materially changed since January 2023.

How Large is 118 GREAT GREGORIE?

118 GREAT GREGORIE is 122m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the largest 50% of terraced houses houses in Basildon, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Basildon, and where 118 GREAT GREGORIE lies on this distribution: 58% of terraced houses houses are smaller than 118 GREAT GREGORIE, and 41% of houses are larger. Note that EPC data is not available for all properties in Basildon.

118 GREAT GREGORIE: Plot and Title Map

118 GREAT GREGORIE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 118 GREAT GREGORIE, 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 118 GREAT GREGORIE). 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 118 GREAT GREGORIE?

118 GREAT GREGORIE is located in BASILDON, in the SS16 postcode district. The below map shows the position of No. 118 on GREAT GREGORIE.