5, HAZEL CLOSE, LAINDON, BASILDON, SS15 5GT - £175,000

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.

5 HAZEL CLOSE is a very large flat of 68m², built sometime between 1996 and 2002, which could now be worth an estimated £218,466. It was last sold for £175,000 in February 2016, which was around 18% above the average February 2016 flat price in the Basildon local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was C.

5 HAZEL CLOSE Sold Prices

Land registry data shows three sales for 5 HAZEL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Basildon local authority area for the corresponding sale date. All of the three 5 HAZEL 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
2016 1 FEB	£175,000	£148,207	18% above HPI
2005 9 DEC	£146,000	£113,438	29% above HPI
2000 23 JUN	£84,000	£51,307	64% above HPI

What might 5 HAZEL CLOSE be worth now?

5 HAZEL CLOSE might now be worth an estimated £218,466.

This is based on house price inflation of 24.8%, between February 2016 and May 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 24.8% inflationary increase is applied to the most recent sale price for 5 HAZEL CLOSE of £175,000 on 1st February 2016. For the value to have increased from £175,000 to £218,466 over the nine years and nine months to May 2026, the following assumptions must hold true:

• The value of 5 HAZEL CLOSE has moved in line with the HPI for flats in the Basildon local authority area.
• The February 2016 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HAZEL CLOSE has not materially changed since February 2016.

How Large is 5 HAZEL CLOSE?

5 HAZEL CLOSE is 68m² according to the EPC inspection conducted in September 2015. This puts it in the largest 20% of flats in Basildon, based on EPC data. 86% of flats are smaller than 5 HAZEL CLOSE, and 12% of flats are larger. Note that EPC data is not available for all properties in Basildon.

Where is 5 HAZEL CLOSE?

5 HAZEL CLOSE is located in LAINDON, in the SS15 postcode district.