3, FLEETWAY, BASILDON, SS16 4UT - £285,000

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.

3 FLEETWAY is a very small extended terraced house of 88m², built sometime between 1967 and 1975, which could now be worth an estimated £321,017. It was last sold for £285,000 in September 2021, which was around 2% above the average September 2021 terraced price in the Basildon local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

3 FLEETWAY Sold Prices

Land registry data shows four sales for 3 FLEETWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Basildon local authority area for the corresponding sale date. All of the four 3 FLEETWAY sales were 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
2021 20 SEP	£285,000	£278,582	2% above HPI
2019 7 JUN	£263,000	£246,518	7% above HPI
2003 13 JUN	£117,000	£111,632	5% above HPI
1998 26 JUN	£54,000	£52,836	2% above HPI

3 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 four 3 FLEETWAY sales between June 1998 and September 2021 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 2019 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the September 2021 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 3 FLEETWAY be worth now?

3 FLEETWAY might now be worth an estimated £321,017.

This is based on house price inflation of 12.6%, between September 2021 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 12.6% inflationary increase is applied to the most recent sale price for 3 FLEETWAY of £285,000 on 20th September 2021. For the value to have increased from £285,000 to £321,017 over the four years and three months to June 2025, the following assumptions must hold true:

• The value of 3 FLEETWAY has moved in line with the HPI for terraced houses in the Basildon local authority area.
• The September 2021 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FLEETWAY has not materially changed since September 2021.

How Large is 3 FLEETWAY?

3 FLEETWAY is 88m², which includes one extension, according to the EPC inspection conducted in January 2019. 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 3 FLEETWAY lies on this distribution: 17% of terraced houses houses are smaller than 3 FLEETWAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Basildon.

3 FLEETWAY: Plot and Title Map

3 FLEETWAY sits on a plot of roughly 0.041 of an acre, or 164m². The below map shows the location of 3 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 3 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 3 FLEETWAY?

3 FLEETWAY is located in BASILDON, in the SS16 postcode district. The below map shows the position of No. 3 on FLEETWAY.