15, ABRAHAMS WAY, BASILDON, SS14 3QH - £320,000

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.

15 ABRAHAMS WAY is a very small terraced house of 86m², built sometime between 2007 and 2011, which could now be worth an estimated £389,003. It was last sold for £320,000 in June 2020, which was around 25% above the average June 2020 terraced price in the Basildon local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.

15 ABRAHAMS WAY Sold Prices

Land registry data shows three sales for 15 ABRAHAMS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Basildon local authority area for the corresponding sale date. All of the three 15 ABRAHAMS WAY 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
2020 15 JUN	£320,000	£255,929	25% above HPI
2015 28 AUG	£267,500	£199,242	34% above HPI
2013 31 OCT	£220,000	£166,043	32% above HPI

15 ABRAHAMS WAY 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 three 15 ABRAHAMS WAY sales between October 2013 and June 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 August 2015 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the June 2020 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 15 ABRAHAMS WAY be worth now?

15 ABRAHAMS WAY might now be worth an estimated £389,003.

This is based on house price inflation of 21.6%, between June 2020 and May 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 21.6% inflationary increase is applied to the most recent sale price for 15 ABRAHAMS WAY of £320,000 on 15th June 2020. For the value to have increased from £320,000 to £389,003 over the six years and one month to May 2026, the following assumptions must hold true:

• The value of 15 ABRAHAMS WAY has moved in line with the HPI for terraced houses in the Basildon local authority area.
• The June 2020 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 15 ABRAHAMS WAY has not materially changed since June 2020.

How Large is 15 ABRAHAMS WAY?

15 ABRAHAMS WAY is 86m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 20% 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 15 ABRAHAMS WAY lies on this distribution: 14% of terraced houses houses are smaller than 15 ABRAHAMS WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Basildon.

15 ABRAHAMS WAY: Plot and Title Map

15 ABRAHAMS WAY sits on a plot of roughly 0.038 of an acre, or 152m². The below map shows the location of 15 ABRAHAMS WAY, 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 15 ABRAHAMS WAY). 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 15 ABRAHAMS WAY?

15 ABRAHAMS WAY is located in BASILDON, in the SS14 postcode district. The below map shows the position of No. 15 on ABRAHAMS WAY.