16, LENHAM WAY, PITSEA, BASILDON, SS13 2NT - £262,500

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.

16 LENHAM WAY is a very small terraced house of 62m², built sometime between 1976 and 1982, which could now be worth an estimated £319,008. It was last sold for £262,500 in January 2020, which was around 3% above the average January 2020 terraced price in the Basildon local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

16 LENHAM WAY Sold Prices

Land registry data shows three sales for 16 LENHAM 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 16 LENHAM 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 8 JAN	£262,500	£256,006	3% above HPI
2002 14 JUN	£100,000	£89,275	12% above HPI
1996 29 NOV	£47,000	£43,950	7% above HPI

16 LENHAM 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 16 LENHAM WAY sales between November 1996 and January 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 2002 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the January 2020 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 16 LENHAM WAY be worth now?

16 LENHAM WAY might now be worth an estimated £319,008.

This is based on house price inflation of 21.5%, between January 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 21.5% inflationary increase is applied to the most recent sale price for 16 LENHAM WAY of £262,500 on 8th January 2020. For the value to have increased from £262,500 to £319,008 over the five years and eight months to May 2026, the following assumptions must hold true:

• The value of 16 LENHAM WAY has moved in line with the HPI for terraced houses in the Basildon local authority area.
• The January 2020 sale price of £262,500 represented a fair market value for the property.
• The size, condition, and specification of 16 LENHAM WAY has not materially changed since January 2020.

How Large is 16 LENHAM WAY?

16 LENHAM WAY is 62m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% 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 16 LENHAM WAY lies on this distribution: 2% of terraced houses houses are smaller than 16 LENHAM WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Basildon.

16 LENHAM WAY: Plot and Title Map

16 LENHAM WAY sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 16 LENHAM 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 16 LENHAM 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 16 LENHAM WAY?

16 LENHAM WAY is located in PITSEA, in the SS13 postcode district. The below map shows the position of No. 16 on LENHAM WAY.