30, SPRUCE CLOSE, LAINDON, BASILDON, SS15 4DF - £182,500

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.

30 SPRUCE CLOSE is a very small flat of 42m², built sometime between 1983 and 1990, which could now be worth an estimated £175,586. It was last sold for £182,500 in April 2022, which was around 4% below the average April 2022 flat price in the Basildon local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

30 SPRUCE CLOSE Sold Prices

Land registry data shows two sales for 30 SPRUCE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Basildon local authority area for the corresponding sale date. One of the two 30 SPRUCE CLOSE sales was for below the average price, whilst the other was 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
2022 21 APR	£182,500	£190,626	4% below HPI
2002 1 FEB	£72,000	£65,722	10% above HPI

What might 30 SPRUCE CLOSE be worth now?

30 SPRUCE CLOSE might now be worth an estimated £175,586.

This is based on house price deflation of 3.8%, between April 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 3.8% deflationary decrease is applied to the most recent sale price for 30 SPRUCE CLOSE of £182,500 on 21st April 2022. For the value to have decreased from £182,500 to £175,586 over the four years to April 2026, the following assumptions must hold true:

• The value of 30 SPRUCE CLOSE has moved in line with the HPI for flats in the Basildon local authority area.
• The April 2022 sale price of £182,500 represented a fair market value for the property.
• The size, condition, and specification of 30 SPRUCE CLOSE has not materially changed since April 2022.

How Large is 30 SPRUCE CLOSE?

30 SPRUCE CLOSE is 42m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 20% of flats in Basildon, based on EPC data. 14% of flats are smaller than 30 SPRUCE CLOSE, and 84% of flats are larger. Note that EPC data is not available for all properties in Basildon.

30 SPRUCE CLOSE: Plot

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

Where is 30 SPRUCE CLOSE?

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