4, MARKHAMS CLOSE, BASILDON, SS15 5FJ - £356,500

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.

4 MARKHAMS CLOSE is a very small terraced house of 72m², built sometime from 2012 onwards, which could now be worth an estimated £363,204. It was last sold for £356,500 in September 2024, which was around 17% above the average September 2024 terraced price in the Basildon local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was A.

4 MARKHAMS CLOSE Sold Prices

Land registry data shows four sales for 4 MARKHAMS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Basildon local authority area for the corresponding sale date. All of the four 4 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
2024 13 SEP	£356,500	£303,527	17% above HPI
2018 19 DEC	£273,000	£251,278	9% above HPI
2015 27 MAR	£220,000	£187,450	17% above HPI
2012 31 JUL	£199,995	£156,439	28% above HPI

4 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 four 4 MARKHAMS CLOSE sales between July 2012 and September 2024 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 December 2018 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the September 2024 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 4 MARKHAMS CLOSE be worth now?

4 MARKHAMS CLOSE might now be worth an estimated £363,204.

This is based on house price inflation of 1.9%, between September 2024 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 1.9% inflationary increase is applied to the most recent sale price for 4 MARKHAMS CLOSE of £356,500 on 13th September 2024. For the value to have increased from £356,500 to £363,204 over the two years and five months to April 2026, the following assumptions must hold true:

• The value of 4 MARKHAMS CLOSE has moved in line with the HPI for terraced houses in the Basildon local authority area.
• The September 2024 sale price of £356,500 represented a fair market value for the property.
• The size, condition, and specification of 4 MARKHAMS CLOSE has not materially changed since September 2024.

How Large is 4 MARKHAMS CLOSE?

4 MARKHAMS CLOSE is 72m² according to the EPC inspection conducted in May 2024. 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 4 MARKHAMS CLOSE lies on this distribution: 5% of terraced houses houses are smaller than 4 MARKHAMS CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Basildon.

4 MARKHAMS CLOSE: Plot and Title Map

4 MARKHAMS CLOSE sits on a plot of roughly 0.024 of an acre, or 99m². The below map shows the location of 4 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 4 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 4 MARKHAMS CLOSE?

4 MARKHAMS CLOSE is located in BASILDON, in the SS15 postcode district. The below map shows the position of No. 4 on MARKHAMS CLOSE.