40, MOPSIES ROAD, BASILDON, SS14 1GA - £250,000

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.

40 MOPSIES ROAD is a very small terraced house of 55m², built sometime between 1996 and 2002, which could now be worth an estimated £312,130. It was last sold for £250,000 in April 2018, which was about the average April 2018 terraced price in the Basildon local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

40 MOPSIES ROAD Sold Prices

Land registry data shows six sales for 40 MOPSIES ROAD 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 40 MOPSIES ROAD sales were a mix of roughly equal to the average price, above the average price, and 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
2018 30 APR	£250,000	£249,188	Close to HPI
2015 15 MAY	£185,000	£195,536	5% below HPI
2012 3 FEB	£142,000	£152,788	7% below HPI
2005 30 JUL	£145,750	£140,978	3% above HPI
2003 4 JUL	£121,500	£114,476	6% above HPI
2000 18 FEB	£76,995	£61,664	25% above HPI

40 MOPSIES ROAD 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 40 MOPSIES ROAD sales between February 2000 and April 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 May 2015 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the April 2018 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 40 MOPSIES ROAD be worth now?

40 MOPSIES ROAD might now be worth an estimated £312,130.

This is based on house price inflation of 24.9%, between April 2018 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 24.9% inflationary increase is applied to the most recent sale price for 40 MOPSIES ROAD of £250,000 on 30th April 2018. For the value to have increased from £250,000 to £312,130 over the seven years and eleven months to May 2026, the following assumptions must hold true:

• The value of 40 MOPSIES ROAD has moved in line with the HPI for terraced houses in the Basildon local authority area.
• The April 2018 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 40 MOPSIES ROAD has not materially changed since April 2018.

How Large is 40 MOPSIES ROAD?

40 MOPSIES ROAD is 55m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 10% 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 40 MOPSIES ROAD lies on this distribution: 1% of terraced houses houses are smaller than 40 MOPSIES ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Basildon.

40 MOPSIES ROAD: Plot and Title Map

40 MOPSIES ROAD sits on a plot of roughly 0.030 of an acre, or 123m². The below map shows the location of 40 MOPSIES ROAD, 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 40 MOPSIES ROAD). 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 40 MOPSIES ROAD?

40 MOPSIES ROAD is located in BASILDON, in the SS14 postcode district. The below map shows the position of No. 40 on MOPSIES ROAD.