8, LUTEA CLOSE, LAINDON, BASILDON, SS15 4HB - £367,500

8 LUTEA CLOSE is a small extended detached house of 107m², built sometime between 1996 and 2002. It was last sold for £367,500 in August 2019, which was around 34% below the average August 2019 detached price in the Basildon local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

8 LUTEA CLOSE Sold Prices

Land registry data shows four sales for 8 LUTEA CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the four 8 LUTEA 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
2019 23 AUG	£367,500	£554,898	34% below HPI
2006 27 APR	£237,500	£311,629	24% below HPI
2000 1 DEC	£120,775	£172,256	30% below HPI
1996 3 JUL	£85,950	£99,910	14% below HPI

8 LUTEA 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 four 8 LUTEA CLOSE sales between July 1996 and August 2019 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 April 2006 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2019 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 8 LUTEA CLOSE?

8 LUTEA CLOSE is 107m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 40% of detached houses in Basildon, based on EPC data. The below chart shows the distribution of detached houses by size in Basildon, and where 8 LUTEA CLOSE lies on this distribution: 40% of detached houses are smaller than 8 LUTEA CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Basildon.

8 LUTEA CLOSE: Plot and Title Map

8 LUTEA CLOSE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 8 LUTEA 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 LUTEA 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 LUTEA CLOSE?

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