THE REEVES, HIGH ROAD, LAINDON, BASILDON, SS15 6BU - £450,000

THE REEVES is a large extended detached house of 130m², built sometime between 1991 and 1995. It was last sold for £450,000 in May 2021, which was around 25% below the average May 2021 detached price in the Basildon local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

THE REEVES Sold Prices

Land registry data shows three sales for THE REEVES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the three THE REEVES 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
2021 27 MAY	£450,000	£600,419	25% below HPI
2019 29 JUL	£408,000	£551,750	26% below HPI
2016 23 NOV	£362,500	£528,072	31% below HPI

THE REEVES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Basildon local authority area over time, sourced from the HPI. The three THE REEVES sales between November 2016 and May 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2019 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2021 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is THE REEVES?

THE REEVES is 130m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the largest 30% of detached houses in Basildon, based on EPC data. The below chart shows the distribution of detached houses by size in Basildon, and where THE REEVES lies on this distribution: 69% of detached houses are smaller than THE REEVES, and 30% of houses are larger. Note that EPC data is not available for all properties in Basildon.

THE REEVES: Plot and Title Map

THE REEVES sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of THE REEVES, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of THE REEVES). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is THE REEVES?

THE REEVES is located on HIGH ROAD in LAINDON, in the SS15 postcode district. The below map shows the position of THE REEVES on HIGH ROAD.