2, POUND LANE, BOWERS GIFFORD, BASILDON, SS13 2HF - £250,000

2 POUND LANE is a small extended detached house of 89m², built sometime between 1930 and 1949. It was last sold for £250,000 in April 2010, which was around 25% below the average April 2010 detached price in the Basildon local authority area. The most recent EPC inspection was February 2009, where the current energy rating was F, and the potential energy rating was F.

2 POUND LANE Sold Prices

Land registry data shows five sales for 2 POUND LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. Most of the five 2 POUND 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
2010 23 APR	£250,000	£331,761	25% below HPI
2004 29 OCT	£264,000	£311,027	15% below HPI
2000 20 DEC	£169,995	£172,256	1% below HPI
1998 30 JAN	£120,000	£118,457	1% above HPI
1995 31 JUL	£73,000	£98,184	26% below HPI

2 POUND LANE 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 five 2 POUND LANE sales between July 1995 and April 2010 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 October 2004 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2010 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 POUND LANE?

2 POUND LANE is 89m², which includes one extension, according to the EPC inspection conducted in February 2009. This puts it in the smallest 30% of detached houses in North Benfleet, based on EPC data. The below chart shows the distribution of detached houses by size in North Benfleet, and where 2 POUND LANE lies on this distribution: 24% of detached houses are smaller than 2 POUND LANE, and 76% of houses are larger. Note that EPC data is not available for all properties in North Benfleet.

2 POUND LANE: Plot and Title Map

2 POUND LANE sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 2 POUND 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 2 POUND 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 2 POUND LANE?

2 POUND LANE is located in BOWERS GIFFORD, in the SS13 postcode district. The below map shows the position of No. 2 on POUND LANE.