THE WILLOWS, LOWER AVENUE, PITSEA, BASILDON, SS13 2LZ - £480,000

THE WILLOWS is a large detached house of 150m², built sometime between 1996 and 2002. It was last sold for £480,000 in February 2012, which was around 42% above the average February 2012 detached price in the Basildon local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was C.

THE WILLOWS Sold Prices

Land registry data shows four sales for THE WILLOWS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. two of the four THE WILLOWS 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
2012 6 FEB	£480,000	£338,458	42% above HPI
2005 5 JAN	£240,000	£306,871	22% below HPI
2002 1 FEB	£318,000	£210,541	51% above HPI
1997 17 MAR	£70,000	£108,355	35% below HPI

THE WILLOWS 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 four THE WILLOWS sales between March 1997 and February 2012 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 January 2005 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2012 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is THE WILLOWS?

THE WILLOWS is 150m² according to the EPC inspection conducted in December 2011. This puts it in the largest 40% of detached houses in North Benfleet, based on EPC data. The below chart shows the distribution of detached houses by size in North Benfleet, and where THE WILLOWS lies on this distribution: 68% of detached houses are smaller than THE WILLOWS, and 32% of houses are larger. Note that EPC data is not available for all properties in North Benfleet.

THE WILLOWS: Plot and Title Map

THE WILLOWS sits on a plot of roughly 0.970 of an acre, or 3,924m². The below map shows the location of THE WILLOWS, 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 WILLOWS). 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 WILLOWS?

THE WILLOWS is located on LOWER AVENUE in PITSEA, in the SS13 postcode district. The below map shows the position of THE WILLOWS on LOWER AVENUE.