2, FLEETWAY, BASILDON, SS16 4UT - £307,500

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.

2 FLEETWAY is a very small extended terraced house of 90m², built sometime between 1983 and 1990, which could now be worth an estimated £305,914. It was last sold for £307,500 in November 2022, which was around 3% below the average November 2022 terraced price in the Basildon local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

2 FLEETWAY Sold Prices

Land registry data shows six sales for 2 FLEETWAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Basildon local authority area for the corresponding sale date. The six 2 FLEETWAY sales were a mix of below the average price, roughly equal to the average price, and 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
2022 11 NOV	£307,500	£315,415	3% below HPI
2021 13 APR	£271,000	£270,890	Close to HPI
2015 30 JAN	£212,000	£186,456	14% above HPI
2012 27 APR	£140,000	£152,848	8% below HPI
2002 19 DEC	£125,000	£104,260	20% above HPI
2000 24 JAN	£63,500	£61,164	4% above HPI

2 FLEETWAY 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 six 2 FLEETWAY sales between January 2000 and November 2022 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 roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2022 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 2 FLEETWAY be worth now?

2 FLEETWAY might now be worth an estimated £305,914.

This is based on house price deflation of 0.5%, between November 2022 and June 2025, 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 0.5% deflationary decrease is applied to the most recent sale price for 2 FLEETWAY of £307,500 on 11th November 2022. For the value to have decreased from £307,500 to £305,914 over the three years and five months to June 2025, the following assumptions must hold true:

• The value of 2 FLEETWAY has moved in line with the HPI for terraced houses in the Basildon local authority area.
• The November 2022 sale price of £307,500 represented a fair market value for the property.
• The size, condition, and specification of 2 FLEETWAY has not materially changed since November 2022.

How Large is 2 FLEETWAY?

2 FLEETWAY is 90m², which includes one extension, according to the EPC inspection conducted in June 2020. 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 2 FLEETWAY lies on this distribution: 19% of terraced houses houses are smaller than 2 FLEETWAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Basildon.

2 FLEETWAY: Plot and Title Map

2 FLEETWAY sits on a plot of roughly 0.035 of an acre, or 143m². The below map shows the location of 2 FLEETWAY, 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 2 FLEETWAY). 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 2 FLEETWAY?

2 FLEETWAY is located in BASILDON, in the SS16 postcode district. The below map shows the position of No. 2 on FLEETWAY.