56, POUND LANE, BOWERS GIFFORD, BASILDON, SS13 2HW - £438,000

56 POUND LANE is a large extended detached house of 167m², built sometime between 1900 and 1929. It was last sold for £438,000 in March 2021, which was around 24% below the average March 2021 detached price in the Basildon local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

56 POUND LANE Sold Prices

Land registry data shows three sales for 56 POUND 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. All of the three 56 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
2021 31 MAR	£438,000	£577,914	24% below HPI
2001 23 NOV	£135,000	£204,507	34% below HPI
1996 7 NOV	£59,000	£105,618	44% below HPI

56 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 three 56 POUND LANE sales between November 1996 and March 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 November 2001 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the March 2021 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 56 POUND LANE?

56 POUND LANE is 167m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 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 56 POUND LANE lies on this distribution: 79% of detached houses are smaller than 56 POUND LANE, and 21% of houses are larger. Note that EPC data is not available for all properties in North Benfleet.

56 POUND LANE: Plot and Title Map

56 POUND LANE sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of 56 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 56 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 56 POUND LANE?

56 POUND LANE is located in BOWERS GIFFORD, in the SS13 postcode district. The below map shows the position of No. 56 on POUND LANE.