16, REDWOOD DRIVE, LAINDON, BASILDON, SS15 4AF - £390,000

16 REDWOOD DRIVE is a very small detached house of 78m², built sometime between 1991 and 1995. It was last sold for £390,000 in July 2020, which was around 31% below the average July 2020 detached price in the Basildon local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

16 REDWOOD DRIVE Sold Prices

Land registry data shows two sales for 16 REDWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. Both of the two 16 REDWOOD DRIVE 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
2020 20 JUL	£390,000	£565,536	31% below HPI
2016 2 JUN	£359,950	£496,602	28% below HPI

16 REDWOOD DRIVE 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 two 16 REDWOOD DRIVE sales from June 2016 and July 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 2016 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 16 REDWOOD DRIVE?

16 REDWOOD DRIVE is 78m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of detached houses in Basildon, based on EPC data. The below chart shows the distribution of detached houses by size in Basildon, and where 16 REDWOOD DRIVE lies on this distribution: 8% of detached houses are smaller than 16 REDWOOD DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Basildon.

16 REDWOOD DRIVE: Plot and Title Map

16 REDWOOD DRIVE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 16 REDWOOD DRIVE, 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 REDWOOD DRIVE). 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 REDWOOD DRIVE?

16 REDWOOD DRIVE is located in LAINDON, in the SS15 postcode district. The below map shows the position of No. 16 on REDWOOD DRIVE.