7, THE MEADS, VANGE, BASILDON, SS16 4TU - £320,000

7 THE MEADS is a midsized detached house of 115m², built sometime between 1930 and 1949. It was last sold for £320,000 in March 2016, which was around 34% below the average March 2016 detached price in the Basildon local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

7 THE MEADS Sold Prices

Land registry data shows three sales for 7 THE MEADS 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 THE MEADS 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 MAR	£320,000	£483,216	34% below HPI
2013 14 NOV	£217,500	£364,458	40% below HPI
1996 22 NOV	£71,500	£105,618	32% below HPI

7 THE MEADS 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 THE MEADS sales between November 1996 and March 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 November 2013 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the March 2016 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 7 THE MEADS?

7 THE MEADS is 115m² according to the EPC inspection conducted in January 2016. This puts it in the largest 50% 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 THE MEADS lies on this distribution: 51% of detached houses are smaller than 7 THE MEADS, and 48% of houses are larger. Note that EPC data is not available for all properties in Basildon.

7 THE MEADS: Plot and Title Map

7 THE MEADS sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 7 THE MEADS, 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 THE MEADS). 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 THE MEADS?

7 THE MEADS is located in VANGE, in the SS16 postcode district. The below map shows the position of No. 7 on THE MEADS.