7, LANCASTER DRIVE, LANGDON HILLS, BASILDON, SS16 6UE - £395,000

7 LANCASTER DRIVE is a very small detached house of 84m², built sometime between 1996 and 2002. It was last sold for £395,000 in October 2016, which was around 24% below the average October 2016 detached price in the Basildon local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

7 LANCASTER DRIVE Sold Prices

Land registry data shows three sales for 7 LANCASTER DRIVE 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 7 LANCASTER DRIVE 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
2016 31 OCT	£395,000	£522,191	24% below HPI
2007 26 APR	£262,500	£326,936	20% below HPI
1996 7 FEB	£82,000	£95,952	15% below HPI

7 LANCASTER DRIVE 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 7 LANCASTER DRIVE sales between February 1996 and October 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 April 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2016 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 7 LANCASTER DRIVE?

7 LANCASTER DRIVE is 84m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 20% of detached houses in Basildon, based on EPC data. The below chart shows the distribution of detached houses by size in Basildon, and where 7 LANCASTER DRIVE lies on this distribution: 12% of detached houses are smaller than 7 LANCASTER DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Basildon.

7 LANCASTER DRIVE: Plot and Title Map

7 LANCASTER DRIVE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 7 LANCASTER DRIVE, 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 7 LANCASTER DRIVE). 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 7 LANCASTER DRIVE?

7 LANCASTER DRIVE is located in LANGDON HILLS, in the SS16 postcode district. The below map shows the position of No. 7 on LANCASTER DRIVE.