1, MARKHAMS CLOSE, BASILDON, SS15 5NB - £430,000

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.

1 MARKHAMS CLOSE is a midsized detached house of 115m², built sometime between 2007 and 2011, which could now be worth an estimated £487,796. It was last sold for £430,000 in March 2021, which was around 26% below the average March 2021 detached price in the Basildon local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

1 MARKHAMS CLOSE Sold Prices

Land registry data shows one sale for 1 MARKHAMS CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Basildon local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 2 MAR	£430,000	£581,536	26% below HPI

What might 1 MARKHAMS CLOSE be worth now?

1 MARKHAMS CLOSE might now be worth an estimated £487,796.

This is based on house price inflation of 13.4%, between March 2021 and April 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 13.4% inflationary increase is applied to the most recent sale price for 1 MARKHAMS CLOSE of £430,000 on 2nd March 2021. For the value to have increased from £430,000 to £487,796 over the four years and eleven months to April 2026, the following assumptions must hold true:

• The value of 1 MARKHAMS CLOSE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The March 2021 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MARKHAMS CLOSE has not materially changed since March 2021.

How Large is 1 MARKHAMS CLOSE?

1 MARKHAMS CLOSE is 115m² according to the EPC inspection conducted in September 2022. This puts it in the largest 50% of detached houses in Basildon, based on EPC data. The below chart shows the distribution of detached houses by size in Basildon, and where 1 MARKHAMS CLOSE lies on this distribution: 50% of detached houses are smaller than 1 MARKHAMS CLOSE, and 49% of detached houses are larger. Note that EPC data is not available for all properties in Basildon.

1 MARKHAMS CLOSE: Plot

1 MARKHAMS CLOSE sits on a plot of roughly 0.052 of an acre, or 209m².

Where is 1 MARKHAMS CLOSE?

1 MARKHAMS CLOSE is located in BASILDON, in the SS15 postcode district.