44, SPRUCE CLOSE, LAINDON, BASILDON, SS15 4DF - £175,500

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.

44 SPRUCE CLOSE is a very small flat of 40m², built sometime between 1983 and 1990, which could now be worth an estimated £185,552. It was last sold for £175,500 in September 2020, which was around 1% above the average September 2020 flat price in the Basildon local authority area. The most recent EPC inspection was April 2020, where the current energy rating was D, and the potential energy rating was C.

44 SPRUCE CLOSE Sold Prices

Land registry data shows six sales for 44 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. Most of the six 44 SPRUCE 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
2020 18 SEP	£175,500	£173,468	1% above HPI
2015 25 MAR	£123,000	£130,117	5% below HPI
2007 28 JUN	£135,000	£122,504	10% above HPI
2005 18 FEB	£123,000	£109,715	12% above HPI
2003 4 APR	£100,000	£88,661	13% above HPI
2001 27 JUL	£61,500	£57,226	7% above HPI

What might 44 SPRUCE CLOSE be worth now?

44 SPRUCE CLOSE might now be worth an estimated £185,552.

This is based on house price inflation of 5.7%, between September 2020 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 5.7% inflationary increase is applied to the most recent sale price for 44 SPRUCE CLOSE of £175,500 on 18th September 2020. For the value to have increased from £175,500 to £185,552 over the six years and five months to April 2026, the following assumptions must hold true:

• The value of 44 SPRUCE CLOSE has moved in line with the HPI for flats in the Basildon local authority area.
• The September 2020 sale price of £175,500 represented a fair market value for the property.
• The size, condition, and specification of 44 SPRUCE CLOSE has not materially changed since September 2020.

How Large is 44 SPRUCE CLOSE?

44 SPRUCE CLOSE is 40m² according to the EPC inspection conducted in April 2020. This puts it in the smallest 20% of flats in Basildon, based on EPC data. 10% of flats are smaller than 44 SPRUCE CLOSE, and 89% of flats are larger. Note that EPC data is not available for all properties in Basildon.

44 SPRUCE CLOSE: Plot

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

Where is 44 SPRUCE CLOSE?

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