17, BRIDGECOTE LANE, BASILDON, SS15 4BW - £140,000

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.

17 BRIDGECOTE LANE is a very small extended terraced house of 51m², built sometime between 1983 and 1990, which could now be worth an estimated £172,772. It was last sold for £140,000 in May 2018, which was around 44% below the average May 2018 terraced price in the Basildon local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was C.

17 BRIDGECOTE LANE Sold Prices

Land registry data shows two sales for 17 BRIDGECOTE LANE 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 17 BRIDGECOTE LANE 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
2018 29 MAY	£140,000	£252,102	44% below HPI
1997 28 FEB	£32,500	£45,164	28% below HPI

17 BRIDGECOTE LANE 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 17 BRIDGECOTE LANE sales from February 1997 and May 2018 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 1997 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2018 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 17 BRIDGECOTE LANE be worth now?

17 BRIDGECOTE LANE might now be worth an estimated £172,772.

This is based on house price inflation of 23.4%, between May 2018 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 23.4% inflationary increase is applied to the most recent sale price for 17 BRIDGECOTE LANE of £140,000 on 29th May 2018. For the value to have increased from £140,000 to £172,772 over the eight years to May 2026, the following assumptions must hold true:

• The value of 17 BRIDGECOTE LANE has moved in line with the HPI for terraced houses in the Basildon local authority area.
• The May 2018 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 17 BRIDGECOTE LANE has not materially changed since May 2018.

How Large is 17 BRIDGECOTE LANE?

17 BRIDGECOTE LANE is 51m², which includes one extension, according to the EPC inspection conducted in February 2018. 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 17 BRIDGECOTE LANE lies on this distribution: 1% of terraced houses houses are smaller than 17 BRIDGECOTE LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Basildon.

17 BRIDGECOTE LANE: Plot and Title Map

17 BRIDGECOTE LANE sits on a plot of roughly 1.0 acres, or 4,151m². The below map shows the location of 17 BRIDGECOTE LANE, 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 17 BRIDGECOTE LANE). 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 17 BRIDGECOTE LANE?

17 BRIDGECOTE LANE is located in BASILDON, in the SS15 postcode district. The below map shows the position of No. 17 on BRIDGECOTE LANE.