8, CALVINIA CLOSE, LAINDON, BASILDON, SS15 4FG - £275,000

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.

8 CALVINIA CLOSE is a very small terraced house of 84m², built sometime between 1983 and 1990, which could now be worth an estimated £432,309. It was last sold for £275,000 in July 2015, which was around 39% above the average July 2015 terraced price in the Basildon local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

8 CALVINIA CLOSE Sold Prices

Land registry data shows three sales for 8 CALVINIA CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Basildon local authority area for the corresponding sale date. All of the three 8 CALVINIA 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
2015 31 JUL	£275,000	£197,907	39% above HPI
2004 10 SEP	£223,000	£136,789	63% above HPI
1999 27 AUG	£119,995	£57,332	109% above HPI

8 CALVINIA 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 three 8 CALVINIA CLOSE sales between August 1999 and July 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 September 2004 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the July 2015 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 8 CALVINIA CLOSE be worth now?

8 CALVINIA CLOSE might now be worth an estimated £432,309.

This is based on house price inflation of 57.2%, between July 2015 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 57.2% inflationary increase is applied to the most recent sale price for 8 CALVINIA CLOSE of £275,000 on 31st July 2015. For the value to have increased from £275,000 to £432,309 over the eleven years and two months to May 2026, the following assumptions must hold true:

• The value of 8 CALVINIA CLOSE has moved in line with the HPI for terraced houses in the Basildon local authority area.
• The July 2015 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CALVINIA CLOSE has not materially changed since July 2015.

How Large is 8 CALVINIA CLOSE?

8 CALVINIA CLOSE is 84m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% 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 8 CALVINIA CLOSE lies on this distribution: 11% of terraced houses houses are smaller than 8 CALVINIA CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Basildon.

8 CALVINIA CLOSE: Plot and Title Map

8 CALVINIA CLOSE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 8 CALVINIA 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 8 CALVINIA 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 8 CALVINIA CLOSE?

8 CALVINIA CLOSE is located in LAINDON, in the SS15 postcode district. The below map shows the position of No. 8 on CALVINIA CLOSE.