229, TIMBERLOG LANE, BASILDON, SS14 1PB - £160,000

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.

229 TIMBERLOG LANE is a very large flat of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £169,886. It was last sold for £160,000 in December 2017, which was around 8% below the average December 2017 flat price in the Basildon local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was C.

229 TIMBERLOG LANE Sold Prices

Land registry data shows five sales for 229 TIMBERLOG LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Basildon local authority area for the corresponding sale date. All of the five 229 TIMBERLOG 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
2017 8 DEC	£160,000	£174,251	8% below HPI
2013 22 NOV	£100,000	£113,285	12% below HPI
2008 30 MAY	£107,500	£125,691	14% below HPI
2005 15 JUL	£106,000	£111,422	5% below HPI
2004 24 NOV	£30,000	£107,469	72% below HPI

What might 229 TIMBERLOG LANE be worth now?

229 TIMBERLOG LANE might now be worth an estimated £169,886.

This is based on house price inflation of 6.2%, between December 2017 and May 2026, for flats, in the Basildon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.2% inflationary increase is applied to the most recent sale price for 229 TIMBERLOG LANE of £160,000 on 8th December 2017. For the value to have increased from £160,000 to £169,886 over the nine years and seven months to May 2026, the following assumptions must hold true:

• The value of 229 TIMBERLOG LANE has moved in line with the HPI for flats in the Basildon local authority area.
• The December 2017 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 229 TIMBERLOG LANE has not materially changed since December 2017.

How Large is 229 TIMBERLOG LANE?

229 TIMBERLOG LANE is 90m² according to the EPC inspection conducted in August 2017. This puts it in the largest 10% of flats in Basildon, based on EPC data. 99% of flats are smaller than 229 TIMBERLOG LANE, and 1% of flats are larger. Note that EPC data is not available for all properties in Basildon.

229 TIMBERLOG LANE: Plot

229 TIMBERLOG LANE sits on a plot of roughly 0.597 of an acre, or 2,414m².

Where is 229 TIMBERLOG LANE?

229 TIMBERLOG LANE is located in BASILDON, in the SS14 postcode district.