18, LUTEA CLOSE, LAINDON, BASILDON, SS15 4HB - £335,000

18 LUTEA CLOSE is a very small detached house of 81m², built sometime between 1996 and 2002. It was last sold for £335,000 in October 2015, which was around 26% below the average October 2015 detached price in the Basildon local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

18 LUTEA CLOSE Sold Prices

Land registry data shows two sales for 18 LUTEA CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. Both of the two 18 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
2015 30 OCT	£335,000	£454,772	26% below HPI
2003 24 JAN	£204,000	£264,485	23% below HPI

18 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 two 18 LUTEA CLOSE sales from January 2003 and October 2015 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 2003 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2015 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 18 LUTEA CLOSE?

18 LUTEA CLOSE is 81m² according to the EPC inspection conducted in January 2010. 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 18 LUTEA CLOSE lies on this distribution: 9% of detached houses are smaller than 18 LUTEA CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Basildon.

18 LUTEA CLOSE: Plot and Title Map

18 LUTEA CLOSE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 18 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 18 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 18 LUTEA CLOSE?

18 LUTEA CLOSE is located in LAINDON, in the SS15 postcode district. The below map shows the position of No. 18 on LUTEA CLOSE.