4, LUTEA CLOSE, LAINDON, BASILDON, SS15 4HB - £224,000

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.

4 LUTEA CLOSE is a semi-detached house, which could now be worth an estimated £422,534. It was last sold for £224,000 in October 2007, which was around 1% above the average October 2007 semi-detached price in the Basildon local authority area.

4 LUTEA CLOSE Sold Prices

Land registry data shows four sales for 4 LUTEA CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Basildon local authority area for the corresponding sale date. All of the four 4 LUTEA CLOSE sales were 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
2007 3 OCT	£224,000	£221,421	1% above HPI
2002 7 AUG	£166,000	£140,147	18% above HPI
1998 17 JUL	£86,000	£75,657	14% above HPI
1996 30 APR	£77,000	£58,467	32% above HPI

What might 4 LUTEA CLOSE be worth now?

4 LUTEA CLOSE might now be worth an estimated £422,534.

This is based on house price inflation of 88.6%, between October 2007 and May 2026, for semi-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 88.6% inflationary increase is applied to the most recent sale price for 4 LUTEA CLOSE of £224,000 on 3rd October 2007. For the value to have increased from £224,000 to £422,534 over the nineteen years and five months to May 2026, the following assumptions must hold true:

• The value of 4 LUTEA CLOSE has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The October 2007 sale price of £224,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LUTEA CLOSE has not materially changed since October 2007.

Where is 4 LUTEA CLOSE?

4 LUTEA CLOSE is located in LAINDON, in the SS15 postcode district.