5, DOWNS GROVE, BASILDON, SS16 4QL - £185,000

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.

5 DOWNS GROVE is a small flat of 50m², built sometime between 1991 and 1995, which could now be worth an estimated £195,050. It was last sold for £185,000 in January 2018, which was around 6% above the average January 2018 flat price in the Basildon local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was D.

5 DOWNS GROVE Sold Prices

Land registry data shows four sales for 5 DOWNS GROVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Basildon local authority area for the corresponding sale date. two of the four 5 DOWNS GROVE sales were for above the average price, and four 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
2018 18 JAN	£185,000	£173,954	6% above HPI
2010 20 SEP	£123,000	£110,931	11% above HPI
2006 12 MAY	£112,000	£112,582	1% below HPI
1996 29 FEB	£31,500	£32,249	2% below HPI

What might 5 DOWNS GROVE be worth now?

5 DOWNS GROVE might now be worth an estimated £195,050.

This is based on house price inflation of 5.4%, between January 2018 and April 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 5.4% inflationary increase is applied to the most recent sale price for 5 DOWNS GROVE of £185,000 on 18th January 2018. For the value to have increased from £185,000 to £195,050 over the seven years and nine months to April 2026, the following assumptions must hold true:

• The value of 5 DOWNS GROVE has moved in line with the HPI for flats in the Basildon local authority area.
• The January 2018 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 5 DOWNS GROVE has not materially changed since January 2018.

How Large is 5 DOWNS GROVE?

5 DOWNS GROVE is 50m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 40% of flats in Basildon, based on EPC data. 38% of flats are smaller than 5 DOWNS GROVE, and 59% of flats are larger. Note that EPC data is not available for all properties in Basildon.

5 DOWNS GROVE: Plot

5 DOWNS GROVE sits on a plot of roughly 2.3 acres, or 9,157m².

Where is 5 DOWNS GROVE?

5 DOWNS GROVE is located in BASILDON, in the SS16 postcode district.