5, THE VALE, BASILDON, SS16 4RL - £110,000

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 THE VALE is a small flat of 46m², built sometime between 1976 and 1982, which could now be worth an estimated £184,881. It was last sold for £110,000 in August 2011, which was around 1% above the average August 2011 flat price in the Basildon local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

5 THE VALE Sold Prices

Land registry data shows two sales for 5 THE VALE 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 5 THE VALE 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
2011 1 AUG	£110,000	£109,121	1% above HPI
1998 5 MAY	£41,000	£37,564	9% above HPI

What might 5 THE VALE be worth now?

5 THE VALE might now be worth an estimated £184,881.

This is based on house price inflation of 68.1%, between August 2011 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 68.1% inflationary increase is applied to the most recent sale price for 5 THE VALE of £110,000 on 1st August 2011. For the value to have increased from £110,000 to £184,881 over the fifteen years and four months to April 2026, the following assumptions must hold true:

• The value of 5 THE VALE has moved in line with the HPI for flats in the Basildon local authority area.
• The August 2011 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 5 THE VALE has not materially changed since August 2011.

How Large is 5 THE VALE?

5 THE VALE is 46m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 30% of flats in Basildon, based on EPC data. 26% of flats are smaller than 5 THE VALE, and 71% of flats are larger. Note that EPC data is not available for all properties in Basildon.

5 THE VALE: Plot

5 THE VALE sits on a plot of roughly 0.139 of an acre, or 563m².

Where is 5 THE VALE?

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