3, GATE LODGE WAY, LAINDON, BASILDON, SS15 4AR - £355,000

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 GATE LODGE WAY is a very small extended terraced house of 87m², built sometime between 1983 and 1990, which could now be worth an estimated £465,656. It was last sold for £355,000 in September 2016, which was around 50% above the average September 2016 terraced price in the Basildon local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was C.

3 GATE LODGE WAY Sold Prices

Land registry data shows four sales for 3 GATE LODGE WAY 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 GATE LODGE WAY 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
2016 1 SEP	£355,000	£237,184	50% above HPI
2006 27 OCT	£222,500	£147,051	51% above HPI
2001 15 JUN	£136,995	£73,076	87% above HPI
1998 30 JAN	£86,995	£48,548	79% above HPI

3 GATE LODGE WAY 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 GATE LODGE WAY sales between January 1998 and September 2016 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 2006 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the September 2016 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 3 GATE LODGE WAY be worth now?

3 GATE LODGE WAY might now be worth an estimated £465,656.

This is based on house price inflation of 31.2%, between September 2016 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 31.2% inflationary increase is applied to the most recent sale price for 3 GATE LODGE WAY of £355,000 on 1st September 2016. For the value to have increased from £355,000 to £465,656 over the ten years and four months to May 2026, the following assumptions must hold true:

• The value of 3 GATE LODGE WAY has moved in line with the HPI for terraced houses in the Basildon local authority area.
• The September 2016 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 3 GATE LODGE WAY has not materially changed since September 2016.

How Large is 3 GATE LODGE WAY?

3 GATE LODGE WAY is 87m², which includes one extension, according to the EPC inspection conducted in June 2014. 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 GATE LODGE WAY lies on this distribution: 15% of terraced houses houses are smaller than 3 GATE LODGE WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Basildon.

3 GATE LODGE WAY: Plot and Title Map

3 GATE LODGE WAY sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 3 GATE LODGE WAY, 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 GATE LODGE WAY). 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 GATE LODGE WAY?

3 GATE LODGE WAY is located in LAINDON, in the SS15 postcode district. The below map shows the position of No. 3 on GATE LODGE WAY.