4, RUSSELL CLOSE, BASILDON, SS15 6AS - £330,000

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.

4 RUSSELL CLOSE is a midsized extended terraced house of 110m², built sometime between 1967 and 1975, which could now be worth an estimated £380,660. It was last sold for £330,000 in December 2020, which was around 22% above the average December 2020 terraced price in the Basildon local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

4 RUSSELL CLOSE Sold Prices

Land registry data shows two sales for 4 RUSSELL 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 4 RUSSELL 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
2020 4 DEC	£330,000	£269,711	22% above HPI
2016 25 AUG	£245,000	£235,917	4% above HPI

4 RUSSELL 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 4 RUSSELL CLOSE sales from August 2016 and December 2020 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 August 2016 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the December 2020 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 4 RUSSELL CLOSE be worth now?

4 RUSSELL CLOSE might now be worth an estimated £380,660.

This is based on house price inflation of 15.4%, between December 2020 and May 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 15.4% inflationary increase is applied to the most recent sale price for 4 RUSSELL CLOSE of £330,000 on 4th December 2020. For the value to have increased from £330,000 to £380,660 over the six years and seven months to May 2026, the following assumptions must hold true:

• The value of 4 RUSSELL CLOSE has moved in line with the HPI for terraced houses in the Basildon local authority area.
• The December 2020 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 4 RUSSELL CLOSE has not materially changed since December 2020.

How Large is 4 RUSSELL CLOSE?

4 RUSSELL CLOSE is 110m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 50% 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 RUSSELL CLOSE lies on this distribution: 41% of terraced houses houses are smaller than 4 RUSSELL CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Basildon.

4 RUSSELL CLOSE: Plot and Title Map

4 RUSSELL CLOSE sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of 4 RUSSELL 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 RUSSELL 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 RUSSELL CLOSE?

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