2, THE VALE, BASILDON, SS16 4RL - £385,000

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.

2 THE VALE is a very large detached house of 145m², built sometime between 1983 and 1990, which could now be worth an estimated £516,385. It was last sold for £385,000 in April 2016, which was around 22% below the average April 2016 detached price in the Basildon local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

2 THE VALE Sold Prices

Land registry data shows one sale for 2 THE VALE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Basildon local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 29 APR	£385,000	£491,851	22% below HPI

What might 2 THE VALE be worth now?

2 THE VALE might now be worth an estimated £516,385.

This is based on house price inflation of 34.1%, between April 2016 and April 2026, for detached 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 34.1% inflationary increase is applied to the most recent sale price for 2 THE VALE of £385,000 on 29th April 2016. For the value to have increased from £385,000 to £516,385 over the ten years to April 2026, the following assumptions must hold true:

• The value of 2 THE VALE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The April 2016 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE VALE has not materially changed since April 2016.

How Large is 2 THE VALE?

2 THE VALE is 145m² according to the EPC inspection conducted in October 2015. This puts it in the largest 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 2 THE VALE lies on this distribution: 81% of detached houses are smaller than 2 THE VALE, and 19% of detached houses are larger. Note that EPC data is not available for all properties in Basildon.

2 THE VALE: Plot

2 THE VALE sits on a plot of roughly 0.104 of an acre, or 421m².

Where is 2 THE VALE?

2 THE VALE is located in BASILDON, in the SS16 postcode district.