3, LENHAM WAY, PITSEA, BASILDON, SS13 2NT - £129,000

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.

3 LENHAM WAY is a midsized flat of 52m², built sometime between 1976 and 1982, which could now be worth an estimated £211,999. It was last sold for £129,000 in May 2006, which was around 15% above the average May 2006 flat price in the Basildon local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

3 LENHAM WAY Sold Prices

Land registry data shows two sales for 3 LENHAM WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Basildon local authority area for the corresponding sale date. Both of the two 3 LENHAM WAY sales were for above 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
2006 12 MAY	£129,000	£112,582	15% above HPI
2001 31 AUG	£65,000	£58,867	10% above HPI

What might 3 LENHAM WAY be worth now?

3 LENHAM WAY might now be worth an estimated £211,999.

This is based on house price inflation of 64.3%, between May 2006 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 64.3% inflationary increase is applied to the most recent sale price for 3 LENHAM WAY of £129,000 on 12th May 2006. For the value to have increased from £129,000 to £211,999 over the twenty years to May 2026, the following assumptions must hold true:

• The value of 3 LENHAM WAY has moved in line with the HPI for flats in the Basildon local authority area.
• The May 2006 sale price of £129,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LENHAM WAY has not materially changed since May 2006.

How Large is 3 LENHAM WAY?

3 LENHAM WAY is 52m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 50% of flats in Basildon, based on EPC data. 45% of flats are smaller than 3 LENHAM WAY, and 55% of flats are larger. Note that EPC data is not available for all properties in Basildon.

3 LENHAM WAY: Plot

3 LENHAM WAY sits on a plot of roughly 0.062 of an acre, or 249m².

Where is 3 LENHAM WAY?

3 LENHAM WAY is located in PITSEA, in the SS13 postcode district.