15, SPRUCE CLOSE, LAINDON, BASILDON, SS15 4DF - £185,000

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.

15 SPRUCE CLOSE is a very small extended flat of 42m², built sometime between 1996 and 2002, which could now be worth an estimated £183,389. It was last sold for £185,000 in August 2021, which was about the average August 2021 flat price in the Basildon local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

15 SPRUCE CLOSE Sold Prices

Land registry data shows six sales for 15 SPRUCE CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average flat price in the Basildon local authority area for the corresponding sale date. The six 15 SPRUCE CLOSE sales were a mix of roughly equal to the average price, above the average price, and 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
2021 6 AUG	£185,000	£185,015	Close to HPI
2018 31 OCT	£170,000	£175,006	3% below HPI
2015 10 JUL	£129,000	£134,995	4% below HPI
2009 17 JUN	£115,000	£105,698	9% above HPI
2006 27 OCT	£109,000	£114,584	5% below HPI
2006 17 JUL	£85,000	£113,882	25% below HPI

What might 15 SPRUCE CLOSE be worth now?

15 SPRUCE CLOSE might now be worth an estimated £183,389.

This is based on house price deflation of 0.9%, between August 2021 and April 2026, for flats, in the Basildon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.9% deflationary decrease is applied to the most recent sale price for 15 SPRUCE CLOSE of £185,000 on 6th August 2021. For the value to have decreased from £185,000 to £183,389 over the five years and four months to April 2026, the following assumptions must hold true:

• The value of 15 SPRUCE CLOSE has moved in line with the HPI for flats in the Basildon local authority area.
• The August 2021 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SPRUCE CLOSE has not materially changed since August 2021.

How Large is 15 SPRUCE CLOSE?

15 SPRUCE CLOSE is 42m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the smallest 20% of flats in Basildon, based on EPC data. 14% of flats are smaller than 15 SPRUCE CLOSE, and 84% of flats are larger. Note that EPC data is not available for all properties in Basildon.

15 SPRUCE CLOSE: Plot

15 SPRUCE CLOSE sits on a plot of roughly 0.288 of an acre, or 1,167m².

Where is 15 SPRUCE CLOSE?

15 SPRUCE CLOSE is located in LAINDON, in the SS15 postcode district.