14, LUTEA CLOSE, LAINDON, BASILDON, SS15 4HB - £325,000

14 LUTEA CLOSE is a very small detached house of 80m², built sometime between 1991 and 1995. It was last sold for £325,000 in April 2016, which was around 34% below the average April 2016 detached price in the Basildon local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

14 LUTEA CLOSE Sold Prices

Land registry data shows three sales for 14 LUTEA CLOSE 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 14 LUTEA CLOSE 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
2016 15 APR	£325,000	£488,787	34% below HPI
1999 25 JUN	£99,995	£135,909	26% below HPI
1996 30 AUG	£79,950	£104,026	23% below HPI

14 LUTEA CLOSE 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 14 LUTEA CLOSE sales between August 1996 and April 2016 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 June 1999 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2016 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 14 LUTEA CLOSE?

14 LUTEA CLOSE is 80m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 10% of detached houses in Basildon, based on EPC data. The below chart shows the distribution of detached houses by size in Basildon, and where 14 LUTEA CLOSE lies on this distribution: 9% of detached houses are smaller than 14 LUTEA CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Basildon.

14 LUTEA CLOSE: Plot and Title Map

14 LUTEA CLOSE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 14 LUTEA CLOSE, 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 14 LUTEA CLOSE). 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 14 LUTEA CLOSE?

14 LUTEA CLOSE is located in LAINDON, in the SS15 postcode district. The below map shows the position of No. 14 on LUTEA CLOSE.