6, ELVERSTON CLOSE, LAINDON, BASILDON, SS15 5TY - £425,000

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.

6 ELVERSTON CLOSE is a large extended detached house of 139m², built sometime between 1996 and 2002, which could now be worth an estimated £499,494. It was last sold for £425,000 in December 2018, which was around 24% below the average December 2018 detached price in the Basildon local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

6 ELVERSTON CLOSE Sold Prices

Land registry data shows two sales for 6 ELVERSTON 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 6 ELVERSTON 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
2018 3 DEC	£425,000	£560,807	24% below HPI
2001 7 DEC	£179,995	£209,480	14% below HPI

6 ELVERSTON 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 6 ELVERSTON CLOSE sales from December 2001 and December 2018 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 2001 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2018 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 6 ELVERSTON CLOSE be worth now?

6 ELVERSTON CLOSE might now be worth an estimated £499,494.

This is based on house price inflation of 17.5%, between December 2018 and May 2026, for detached 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 17.5% inflationary increase is applied to the most recent sale price for 6 ELVERSTON CLOSE of £425,000 on 3rd December 2018. For the value to have increased from £425,000 to £499,494 over the eight years and seven months to May 2026, the following assumptions must hold true:

• The value of 6 ELVERSTON CLOSE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The December 2018 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 6 ELVERSTON CLOSE has not materially changed since December 2018.

How Large is 6 ELVERSTON CLOSE?

6 ELVERSTON CLOSE is 139m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 30% of detached houses houses in Basildon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Basildon, and where 6 ELVERSTON CLOSE lies on this distribution: 77% of detached houses houses are smaller than 6 ELVERSTON CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Basildon.

6 ELVERSTON CLOSE: Plot and Title Map

6 ELVERSTON CLOSE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 6 ELVERSTON 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 6 ELVERSTON 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 6 ELVERSTON CLOSE?

6 ELVERSTON CLOSE is located in LAINDON, in the SS15 postcode district. The below map shows the position of No. 6 on ELVERSTON CLOSE.