261, TIMBERLOG LANE, BASILDON, SS14 1PA - £472,500

261 TIMBERLOG LANE is a midsized detached house of 120m², built sometime between 1976 and 1982. It was last sold for £472,500 in March 2018, which was around 14% below the average March 2018 detached price in the Basildon local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was C.

261 TIMBERLOG LANE Sold Prices

Land registry data shows three sales for 261 TIMBERLOG LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. Two of the three 261 TIMBERLOG LANE sales were for below the average price, whilst one was 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
2018 28 MAR	£472,500	£546,655	14% below HPI
1998 20 FEB	£135,000	£120,574	12% above HPI
1997 8 OCT	£100,000	£117,219	15% below HPI

261 TIMBERLOG 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 three 261 TIMBERLOG LANE sales between October 1997 and March 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 1998 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the March 2018 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 261 TIMBERLOG LANE?

261 TIMBERLOG LANE is 120m² according to the EPC inspection conducted in September 2013. This puts it in the largest 50% of detached houses in Basildon, based on EPC data. The below chart shows the distribution of detached houses by size in Basildon, and where 261 TIMBERLOG LANE lies on this distribution: 56% of detached houses are smaller than 261 TIMBERLOG LANE, and 42% of houses are larger. Note that EPC data is not available for all properties in Basildon.

261 TIMBERLOG LANE: Plot and Title Map

261 TIMBERLOG LANE sits on a plot of roughly 0.232 of an acre, or 938m². The below map shows the location of 261 TIMBERLOG 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 261 TIMBERLOG 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 261 TIMBERLOG LANE?

261 TIMBERLOG LANE is located in BASILDON, in the SS14 postcode district. The below map shows the position of No. 261 on TIMBERLOG LANE.