27, MARKHAMS CLOSE, BASILDON, SS15 5NB - £238,000

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.

27 MARKHAMS CLOSE is a very small terraced house of 37m², which could now be worth an estimated £338,902. It was last sold for £238,000 in January 2016, which was around 10% above the average January 2016 terraced price in the Basildon local authority area. The most recent EPC inspection was April 2011, where the current energy rating was C, and the potential energy rating was C.

27 MARKHAMS CLOSE Sold Prices

Land registry data shows two sales for 27 MARKHAMS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Basildon local authority area for the corresponding sale date. Both of the two 27 MARKHAMS CLOSE 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
2016 29 JAN	£238,000	£217,166	10% above HPI
2012 30 NOV	£185,000	£159,784	16% above HPI

27 MARKHAMS CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Basildon local authority area over time, sourced from the HPI. The two 27 MARKHAMS CLOSE sales from November 2012 and January 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 November 2012 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the January 2016 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 27 MARKHAMS CLOSE be worth now?

27 MARKHAMS CLOSE might now be worth an estimated £338,902.

This is based on house price inflation of 42.4%, between January 2016 and April 2026, for terraced houses, in the Basildon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.4% inflationary increase is applied to the most recent sale price for 27 MARKHAMS CLOSE of £238,000 on 29th January 2016. For the value to have increased from £238,000 to £338,902 over the nine years and nine months to April 2026, the following assumptions must hold true:

• The value of 27 MARKHAMS CLOSE has moved in line with the HPI for terraced houses in the Basildon local authority area.
• The January 2016 sale price of £238,000 represented a fair market value for the property.
• The size, condition, and specification of 27 MARKHAMS CLOSE has not materially changed since January 2016.

How Large is 27 MARKHAMS CLOSE?

27 MARKHAMS CLOSE is 37m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 10% of terraced houses houses in Basildon, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Basildon, and where 27 MARKHAMS CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 27 MARKHAMS CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Basildon.

27 MARKHAMS CLOSE: Plot and Title Map

27 MARKHAMS CLOSE sits on a plot of roughly 0.031 of an acre, or 124m². The below map shows the location of 27 MARKHAMS 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 27 MARKHAMS 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 27 MARKHAMS CLOSE?

27 MARKHAMS CLOSE is located in BASILDON, in the SS15 postcode district. The below map shows the position of No. 27 on MARKHAMS CLOSE.