26, SPRUCE CLOSE, LAINDON, BASILDON, SS15 4DF - £170,000

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.

26 SPRUCE CLOSE is a very small flat of 41m², built sometime between 1996 and 2002, which could now be worth an estimated £166,174. It was last sold for £170,000 in February 2022, which was around 9% below the average February 2022 flat price in the Basildon local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was C.

26 SPRUCE CLOSE Sold Prices

Land registry data shows five sales for 26 SPRUCE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Basildon local authority area for the corresponding sale date. The five 26 SPRUCE CLOSE sales were a mix of below the average price, roughly equal to the average price, and 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
2022 14 FEB	£170,000	£187,627	9% below HPI
2006 28 APR	£118,995	£113,800	5% above HPI
2005 30 MAR	£118,000	£108,883	8% above HPI
2002 11 MAR	£71,995	£66,086	9% above HPI
1998 23 JUL	£40,000	£40,056	Close to HPI

What might 26 SPRUCE CLOSE be worth now?

26 SPRUCE CLOSE might now be worth an estimated £166,174.

This is based on house price deflation of 2.3%, between February 2022 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 2.3% deflationary decrease is applied to the most recent sale price for 26 SPRUCE CLOSE of £170,000 on 14th February 2022. For the value to have decreased from £170,000 to £166,174 over the three years and ten months to April 2026, the following assumptions must hold true:

• The value of 26 SPRUCE CLOSE has moved in line with the HPI for flats in the Basildon local authority area.
• The February 2022 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 26 SPRUCE CLOSE has not materially changed since February 2022.

How Large is 26 SPRUCE CLOSE?

26 SPRUCE CLOSE is 41m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 20% of flats in Basildon, based on EPC data. 11% of flats are smaller than 26 SPRUCE CLOSE, and 86% of flats are larger. Note that EPC data is not available for all properties in Basildon.

26 SPRUCE CLOSE: Plot

26 SPRUCE CLOSE sits on a plot of roughly 0.224 of an acre, or 906m².

Where is 26 SPRUCE CLOSE?

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